[Federal Register Volume 76, Number 159 (Wednesday, August 17, 2011)]
[Notices]
[Pages 51126-51127]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-20981]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Proposed Collection; Comment Request for Regulation Project

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on proposed and/or continuing information collections, as required by 
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 
3506(c)(2)(A)). The IRS is soliciting comments concerning collection 
requirements related to disclosure of relative values of optional forms 
of benefit.

DATES: Written comments should be received on or before October 17, 
2011 to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette B. Lawrence, Internal 
Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington, 
DC 20224.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the regulations should be directed to Joel Goldberger at 
Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW., 
Washington, DC 20224, or at (202) 927-9368, or through the Internet at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    Title: Disclosure of Relative Values of Optional Forms of Benefit.
    OMB Number: 1545-0928.
    Regulation Project Number: T.D. 9099.
    Abstract: This document contains final regulations that consolidate 
the content requirements applicable to explanations of qualified joint 
and survivor annuities and qualified preretirement survivor annuities 
payable under certain retirement plans, and specify requirements for 
disclosing the relative value of optional forms of benefit that are 
payable from certain retirement plans in lieu of a qualified joint and 
survivor annuity. These regulations affect plan sponsors and 
administrators, and participants in and beneficiaries of, certain 
retirement plans.
    Current Actions: There are no changes to this existing regulation.
    Type of Review: Extension of currently approved collection.

[[Page 51127]]

    Affected Public: Business or other for-profit.
    Estimated Number of Responses: 3,000,000.
    Estimated Total Annual Reporting Burden: 385,000.
    The following paragraph applies to all of the collections of 
information covered by this notice:
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless the collection of 
information displays a valid OMB control number. Books or records 
relating to a collection of information must be retained as long as 
their contents may become material in the administration of any 
internal revenue law. Generally, tax returns and tax return information 
are confidential, as required by 26 U.S.C. 6103.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; (b) the accuracy of the 
agency's estimate of the burden of the collection of information; (c) 
ways to enhance the quality, utility, and clarity of the information to 
be collected; (d) ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and (e) 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Approved: July 28, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011-20981 Filed 8-16-11; 8:45 am]
BILLING CODE 4830-01-P