[Federal Register Volume 69, Number 225 (Tuesday, November 23, 2004)]
[Rules and Regulations]
[Page 68077]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-25963]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Part 1

[TD 9130]
RIN 1545-BA60


Required Distributions From Retirement Plans; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correcting amendment.

-----------------------------------------------------------------------

SUMMARY: This document contains corrections to final regulations (TD 
9130) which were published in the Federal Register on Tuesday, June 15, 
2004 (69 FR 33288). These final regulations relate to the required 
minimum distributions under section 401(a)(9) for defined benefit plans 
and annuity contracts providing benefits under qualified plans, 
individual retirement plans, and section 403(b) contracts.

DATES: This correction is effective June 15, 2004.

FOR FURTHER INFORMATION CONTACT: Cathy Vohs at (202) 622-6090 (not a 
toll-free number).

SUPPLEMENTARY INFORMATION:

Background

    The final regulations (TD 9130) that are the subject of these 
corrections are under sections 401 and 403 of the Internal Revenue 
Code.

Need for Correction

    As published, TD 9130 contains errors that may prove to be 
misleading and are in need of clarification.

List of Subjects in 26 CFR Part 1

    Income taxes, Reporting and recordkeeping requirements.

Correction of Publication

0
Accordingly, 26 CFR part 1 is corrected by making the following 
correcting amendments:

PART 1--INCOME TAXES

0
Paragraph 1. The authority citation for part 1 continues to read in 
part as follows:


    Authority: 26 U.S.C. 7805 * * *


Sec.  1.401(a)(9)-6  [Corrected]

0
1. Section 1.401(a)(9)-6(c)(3) of A-2, in the Example., fifth sentence, 
the language, ``In this case, Z is 30 years older than Y and is 
commencing benefit 5 years before attaining age 70 so the adjusted 
employee-beneficiary age difference is 25 years.'' is removed and the 
language ``In this case, Z is 30 years older than Y and is commencing 
benefit 4 years before attaining age 70 so the adjusted employee-
beneficiary age difference is 26 years.'' is added in its place.

0
2. Section 1.401(a)(9)-6(c)(3) of A-2, in the Example., sixth sentence, 
the language, ``Under the table in paragraph (c)(2) of this A-2, the 
applicable percentage for a 25-year adjusted employee/beneficiary age 
difference is 66 percent.'' is removed and the language ``Under the 
table in the paragraph (c)(2) of this A-2, the applicable percentage 
for a 26-year adjusted employee/beneficiary age difference is 64 
percent.'' is added in its place.

0
3. Section 1.401(a)(9)-6(c)(2) of A-12 is amended by removing ``A-14'' 
and adding ``A-12'' in its place.

0
4. Section 1.401(a)(9)-6(d) Example 1. (vii) of A-13 is amended by 
removing the language ``under paragraph (c)(1)''.

0
5. Section 1.401(a)(9)-6(d) Example 3. (i) of A-13, is amended by 
adding a new second sentence ``E was born in 1935.''.

0
6. Section 1.401(a)(9)-6(f) Example 8. (ii) of A-14, last sentence of 
the paragraph the word ``be'' is removed.

Cynthia E. Grigsby,
Acting Chief, Publications and Regulations Branch, Legal Processing 
Division, Associate Chief Counsel, (Procedures and Administration).
[FR Doc. 04-25963 Filed 11-22-04; 8:45 am]
BILLING CODE 4830-01-P