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2008

On December 11, 2008, the IRS issued Notice 2009-3 which provides relief from immediate compliance with the 2009 403(b) written plan requirement. [Notice 2009-3]

On September 18, 2008, IRS published a special edition of Employee Plan News providing transition relief for small plans with end of year valuations. [IRS EP News 091808]

On September 3, 2008, IRS issued Notice 2008-73 which expands the availability of the transition relief for certain small pension plans that was originally provided in Notice 2008-21. [notice]

On August 14, 2008, the IRS issued Rev. Proc 2008-50, which revises the EPCRS program for voluntary corrections of retirement plan qualification errors. [Rev. Proc. 2008-50]

On July 23, 2008, the DOL issued a proposed regulation setting forth fiduciary requirements for disclosure in participant-directed individual account plans. [Participant Disclosure Prop Reg]

On April 18, 2008, the IRS and Treasury issued Notice 2008-47, which invited public comment on items to be included on their 2008-2009 Guidance Priority List. [Notice 2008-47]

On April 11, 2008, the Treasury and IRS released a proposed regulation on minimum required Pension Contributions under PPA. [Minimum Contribution Proposed Reg]

On February 1, 2008, the IRS and Treasury issued Revenue Ruling 2008-7, which addresses the application of the accrual rules for pension plans under Code §411(b)(1). [Rev. Rul. 2008-7]

On January 31, 2008, The IRS issued Notice 2008-21, which announces a later effective date than originally proposed for certain proposed regulations under Code §§430 and 436, as added by PPA. [Notice 2008-21]

On January 3, 2008, the IRS released a proposed regulation on diversification requirements for defined contribution plans using employer securities. [Diversification Regulation]

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