[Federal Register Volume 65, Number 63 (Friday, March 31, 2000)]
[Rules and Regulations]
[Pages 17148-17149]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-5243]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1, 35 and 602

[TD 8873]
RIN 1545-AW78


New Technologies in Retirement Plans; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document contains corrections to final regulations which 
were published in the Federal Register

[[Page 17149]]

on Tuesday, February 8, 2000 (65 FR 6001), relating to amendments to 
the regulations governing certain notices and consents required in 
connection with distributions from retirement plans.

DATES: This correction is effective February 8, 2000.

FOR FURTHER INFORMATION CONTACT: Catherine Livingston Fernandez at 
(202) 622-6030 (not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are subject to these corrections are 
under sections 402(f), 411(a)(11) and 3405(e)(10)(B) of the Internal 
Revenue Code.

Need for Correction

    As published, the final regulations (TD 8873) contain errors that 
may prove to be misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the final regulations (TD 8873), 
which were the subject of FR Doc. 00-1897, is corrected as follows:
    1. On page 6004, column 2, line 24 from the top of the column, the 
language ``I.R.B.) provides that, pending'' is corrected to read 
``I.R.B. 413) provides that, pending''.


Sec. 35.3405-1  [Corrected]

    2. On page 6008, column 1, Sec. 35.3405-1 d-35, lines 4 and 5 of A, 
the language, ``and the annual notice described in d-31) to a payee 
either on a written paper'' is corrected to read ``of Sec. 35.3405-1T 
and the annual notice described in d-31 of Sec. 35.3405-1T) to a payee 
either on a written paper''.
    3. On page 6008, column 2, Sec. 35.3405-1 d-36 A., the first line 
of Example 5, the language, ``Example 5. (I) Same facts as Example 1,'' 
is corrected to read ``Example 5. (i) Same facts as Example 1,''.
    4. On page 6008, column 2, Sec. 35.3405-1 d-36A., the first line of 
Example 5 (ii), the language, ``(ii) In this Example 5, Plan A does 
not'' is corrected to read ``(ii) In this Example 5, the plan 
administrator does not''.


Sec. 602.101  [Corrected]

    5. On page 6008, column 3, instructional Par. 7. and the table in 
Sec. 602.101(b) are corrected to read as follows:

    Par. 7. In Sec. 602.101, paragraph (b) is amended by revising the 
entries for 1.402(f)-1 and 1.411(a)-11 in the table to read as follows:


Sec. 602.101  OMB Control numbers.

* * * * *
    (b) * * *

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                                                           Current OMB
  CFR part or section where  identified and described      control No.
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                  *        *        *        *        *
 
1.402(f)-1............................................         1545-1341
                                                               1545-1632
 
                  *        *        *        *        *
1.411(a)-11...........................................         1545-1471
                                                               1545-1632
 
                  *        *        *        *        *
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Dale D. Goode,
Federal Register Liaison, Assistant Chief Counsel (Corporate).
[FR Doc. 00-5243 Filed 3-30-00; 8:45 am]
BILLING CODE 4830-01-P