[Federal Register Volume 69, Number 248 (Tuesday, December 28, 2004)]
[Proposed Rules]
[Page 77679]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-28329]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[REG-114726-04]
RIN 1545-BD23


Distributions From a Pension Plan Under a Phased Retirement 
Program; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking.

-----------------------------------------------------------------------

SUMMARY: This document contains corrections to a notice of proposed 
rulemaking that was published in the Federal Register on November 10, 
2004 (69 FR 65108), providing rules permitting distributions to be made 
from a pension plan under a phased retirement program and set forth 
requirements for a bona fide phased retirement program.

FOR FURTHER INFORMATION CONTACT: Cathy A. Vohs (202) 622-6090 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The notice of proposed rulemaking (REG-114726-04) that is the 
subject of this correction is under section 401(a) of the Internal 
Revenue Code.

Need for Correction

    As published, REG-114726-04 contains errors that may prove to be 
misleading and are in need of clarification.

Correction of Publication

    Accordingly, the publication of the notice of proposed rulemaking 
(REG-114726-04), that was the subject of FR Doc. 04-24874, is corrected 
as follows:
    1. On page 65111, column 2, in the preamble under the paragraph 
heading ``Explanation of Provisions'', fourth paragraph, line 9, the 
language, ``retirement benefit, commencing a later'' is corrected to 
read ``retirement benefit, commencing at a later''.
    2. On page 65112, column 1, in the preamble under the paragraph 
heading ``Explanation of Provisions'', first paragraph, line 1, the 
language, ``the continued availability of heath'' is corrected to read 
``the continued availability of health''.
    3. On page 65112, column 1, in the preamble under the paragraph 
heading ``Explanation of Provisions'', first paragraph, line 6, the 
language, ``rules relating to heath coverage.'' is corrected to read 
``rules relating to health coverage.''

Cynthia E. Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 04-28329 Filed 12-27-04; 8:45 am]
BILLING CODE 4830-01-P