EBSA Unified Agenda - [Completed Action]

Title: Amendments to Safe Harbor for Distributions From Terminated Individual Account Plans and Termination of Abandoned Individual Account Plans To Require Inherited IRAs for Missing NonSpouse Beneficiaries 

Abstract: The Department is amending 29 CFR 2578.1 and 29 CFR 2550.404a-3 to reflect changes enacted as part of the Pension Protection Act of 2006, Public Law 109-280, to the Internal Revenue Code of 1986 (the Code), under which a distribution of a deceased plan participant’s benefit from an eligible retirement plan may be directly transferred to an individual retirement plan established on behalf of the designated non-spouse beneficiary of such participant. 

Agency: Department of Labor(DOL) 

Priority: Other Significant 

RIN Status: Previously published in the Unified Agenda

Agenda Stage of Rulemaking: Completed Actions 

Major: No 

Unfunded Mandates: No 

CFR Citation: 29 CFR 2550.404a-3; 29 CFR 2578.1 

Legal Authority: 29 USC 1135; ERISA sec 505 

Legal Deadline:  None

Timetable:

Action	Date	FR Cite
Interim Final Rule	02/15/2007	72 FR 7516
Interim Final Rule Effective	03/19/2007
Interim Final Rule Comment Period End	04/02/2007
Final Action	10/07/2008	73 FR 58459
Final Action Effective	11/06/2008	73 FR 58459

Regulatory Flexibility Analysis Required: No 

Government Levels Affected: None 

Small Entities Affected: No 

Federalism: No 

Included in the Regulatory Plan: No 

RIN Data Printed in the FR: No 

Agency Contact:
Stephanie Ward
Pension Law Specialist
Department of Labor
Employee Benefits Security Administration
200 Constitution Avenue NW., FP Building, Room N5655,
Washington, DC 20210
Phone:202 693-8500
Fax:202 219-7921