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Tax Tip #6Further Extension of Effective Date of Normal Retirement Age Regulations for Government PlansFurther Extension of Effective Date of Normal Retirement Age Regulations for Governmental Plans =BEGINNING OF NOTICE= Notice 2009-86 states that the IRS and Treasury intend to extend the time by which a governmental plan must comply with final regulations on distributions from a pension plan upon attainment of normal retirement age (“the NRA regulations”) beyond the date previously announced in Notice 2008-98, 2008-2 C.B. 1080. These regulations were published in the Federal Register as T.D. 9325 (72 FR 28604) on May 22, 2007. Taking into account this extension, the NRA regulations will be effective for a governmental plan (as defined in § 414(d) of the Internal Revenue Code) for plan years beginning on or after January 1, 2013. This notice does not change the effective date of the NRA regulations for a plan that is not a governmental plan or modify the relief previously provided in Notice 2007-69, 2007- 2 C.B. 468. =END OF NOTICE= HOME BANKRUPTCY STEPS FREE CONSULTATION EMERGENCY FILING
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