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Compliance December 28, 2010
IRS Corrects Hybrid DB Plan Rule
December 28, 2010 (PLANSPONSOR.com) – Saying that a previous version of final regulations on hybrid defined benefit plans contain errors “that may prove to be misleading and are in need of clarification,” federal officials have issued a correcting document.
Reported by PLANSPONSOR 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.