[Federal Register Volume 75, Number 206 (Tuesday, October 26, 2010)]
[Rules and Regulations]
[Page 65567]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-26980]



[[Page 65567]]

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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9340]
RIN 1545-BB64


Revised Regulations Concerning Section 403(b) Tax-Sheltered 
Annuity Contracts; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to final regulations.

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SUMMARY: This document contains a correction to final regulations (TD 
9340) thatwere published in the Federal Register on Thursday, July 26, 
2007 (72 FR41128) providing updated guidance on section 403(b) 
contracts of public schools and tax-exemptorganizations described in 
section 501(c)(3). These regulations will affect sponsors of 
section403(b) contracts, administrators, participants, and 
beneficiaries.

DATES: The correction is effective October 26, 2010, and is applicable 
on July 26, 2007.

FOR FURTHER INFORMATION CONTACT: Concerning the regulations, John 
Tolleris at(202) 622-6060; concerning the regulations as applied to 
church-related entities, Sherri Edelmanor Jason Levine at (202) 283-
9634 (not toll-free numbers).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations that are the subject of this correction are 
under section 403(b)of the Internal Revenue Code.

Need for Correction

    As published, final regulations (TD 9340) contain an error that may 
prove to bemisleading and is in need of clarification.

Correction of Publication

    Accordingly, the publication of the final regulations (TD 9340), 
which was thesubject of FR Doc. 07-3649, is corrected as follows:
    On page 41138, column 2, in the preamble, under footnote number 11, 
line 26,the language ``Rev. Rul. 66-254 (1966-2 CB. 125)'' is removed.

LaNita Van Dyke,
Chief, Publications and Regulations Branch,Legal Processing 
Division,Associate Chief Counsel(Procedure and Administration).
[FR Doc. 2010-26980 Filed 10-25-10; 8:45 am]
BILLING CODE 4830-01-P