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Compliance December 28, 2010
IRS Corrects Hybrid DB Plan Rule
Federal officials have issued a
corrected document on final regulations for hybrid
defined benefit plans since a previous version contained errors “that may prove to be misleading
and are in need of clarification."
Reported by PLANADVISER staff
The Internal Revenue Service corrections for TD 9505 were contained in a document published Tuesday in the Federal Register that become effective immediately and applicable on October 19, 2010 when the original version was first published (see IRS Issues Rules on Hybrid Retirement Plans ).
The corrections to the Hybid Plan rules are at http://origin.www.gpo.gov/fdsys/pkg/FR-2010-12-28/pdf/2010-32539.pdf .
Further information is available by calling Neil S. Sandhu, Lauson C. Green, or Linda S.F. Marshall at (202) 622–6090.