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IRS Issues Final Regulations on Anti-Cutback Rules. The Internal Revenue Service on August 8 released final regulations (T.D. 9280) amending the anti-cutback rules of section 411(d)(6), which protect accrued benefits, early retirement benefits, and retirement-type subsidies from elimination or reduction. The regulations address how the anticutback rules interact with the nonforfeitability requirements of section
411(a) and provide rules for applying a utilization test to determine if eliminating or reducing certain protected benefits is permissible.
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