Regulacje i polityka gospodarcza · 07/10/2008

DOL Amends PTE 2006-06 to Require Direct Rollover of Missing Beneficiary Benefits

The Department of Labor has amended the Prohibited Transaction Exemption 2006-06 to require that benefits for a missing, designated nonspouse beneficiary be directly rolled over into an inherited individual retirement plan that complies with the Internal Revenue Code, in response to changes enacted as part of the Pension Protection Act of 2006.