BULLETIN - December 21, 2006 IRS Notice 2007-6: IRS Begins Determination Letters and Exams for Cash Balance Plan Conversions (PDF) 17 pages. Excerpt: "[T]he Service is beginning to process determination letter and examination cases [involving] an amendment to change a traditional defined benefit plan into a cash balance plan . . . . This notice also provides transitional guidance on the requirements of [the Code that were] added by section 701(b) of the Pension Protection Act of 2006 . . . . This notice also requests comments on certain issues raised by ยงยง411(a)(13) and 411(b)(5)." (Internal Revenue Service) This email has been published by: BenefitsLink.com, Inc.
|