Current developments in employee benefits and pensions.(part 2)

Neilio, Mark; Veal, Tom; Walker, Deborah

EXECUTIVE SUMMARY

* Defined-benefit plan distribution rules have been amended to facilitate phased retirement alternatives for workers.

* Regulations have been issued that clarify what are considered qualified distributions from Roth 401(k) accounts and the rules for rollover distributions from these accounts.

* New regulations update the regulations under Sec. 403(b) to reflect statutory changes and IRS rulings and include a new requirement that all 403(b) plans have a written plan.

* The IRS has issued several forms of guidance on the provisions of the Pension Protection ...