Part III --- Administrative, Miscellaneous, and Procedural This notice provides guidance under § 402A(c)(4) of the Internal Revenue Code, relating to rollovers from § 401(k) plans to designated Roth accounts in the same plan ("in-plan Roth rollovers"), as added by § 2112 of the Small Business Jobs Act of 2010 ("SBJA"), P.L. 111-240. The guidance in this notice also generally applies to rollovers from § 403(b) plans to designated Roth accounts in the same plan. Answers for the following questions are provided in the notice: Related Links:
Tuesday, November 30, 2010
IRS Notice 2010-84 –Guidance on In-Plan Roth Rollovers
Employee Plans News - Issue Number: 2010-11 – November 26, 2010
The IRS released Employee Plans News - Issue Number: 2010-11 – November 26, 2010. It contains the following articles:
Monday, November 8, 2010
IRS Revenue Ruling 2010-27 – What constitutes an Unforeseeable Emergency Distribution under section 457(b) of the Code and regulations section 1.457-6(c).
This ruling provides guidance, in the form of examples, on what constitutes an unforeseeable emergency distribution under section 457(b) of the Code and regulations section 1.457-6(c). The ruling also applies the same standards to distributions from a nonqualified deferred compensation plan subject to section 409A. Related Links: