Source: https://www.federalregister.gov/documents/2004/12/21/04-27918/revised-regulations-concerning-section-403b-tax-sheltered-annuity-contracts-correction
Timestamp: 2018-08-16 03:41:23
Document Index: 194742712

Matched Legal Cases: ['§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091', '§\u20091']

A Proposed Rule by the Internal Revenue Service on 12/21/2004
76422-76423 (2 pages)
https://www.federalregister.gov/d/04-27918 https://www.federalregister.gov/d/04-27918
Correction to notice of proposed rulemaking and notice of proposed rulemaking by cross-reference to temporary regulations.
This document corrects a notice of proposed rulemaking and notice of proposed rulemaking by cross-reference to temporary regulations (REG-155608-02) that was published in the Federal Register on Tuesday, November 16, 2004 (69 FR 67075). The proposed regulations provide updated guidance on section 403(b) contracts of public schools and tax-exempt organizations described in section 501(c)(3).
R. Lisa Mojiri-Azad or John Tolleris at (202) 622-6060 (not a toll-free number).
The notice of proposed rulemaking and notice of proposed rulemaking by cross reference to temporary regulations (REG-155608-02) that is the subject of this correction are under sections 403(b) of the Internal Revenue Code, and under related provisions of sections 402(b), 402(g), 414(c), and 3121(a)(5)(D).
As published, the notice of proposed rulemaking and notice of proposed rulemaking by cross reference to Start Printed Page 76423temporary regulations REG-155608-02) contains errors that may prove to be misleading and are in need of clarification.
Accordingly, the notice of proposed rulemaking and notice of proposed rulemaking by cross reference to temporary regulations (REG-155608-02), which was the subject of FR Doc. 04-25237 is corrected as follows:
1. On page 67082, column 2, in the preamble, under the paragraph heading “Commingling Assets”, line 8, the language “account to be treated as a tax exempt.” is corrected to read “account to be treated as a tax exempt organization.”.
§ 1.403(b)-8
2. On page 67096, column 3, § 1.403(b)-8, paragraph (d)(2)(ii), line 4, the language “account) § 1.403(b)-6(d) are satisfied” is corrected to read “account) and § 1.403(b)-6(d) are satisfied”.
3. On page 67096, column 3, § 1.403(b)-8, paragraph (d)(3), line 4, the language “includes any assets that other than stock” is corrected to read “includes any assets other than stocks”.
§ 1.414(c)-5
4. On page 67099, column 3, § 1.414(c)-5, paragraph (d), line 7, the language under the nursing home may be under” is corrected to read “the nursing home may be under”.
[FR Doc. 04-27918 Filed 12-20-04; 8:45 am]