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Section 411(d)(6) Protected Benefits; Correction

---
identifier: "/us/fr/06-7862"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Section 411(d)(6) Protected Benefits; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "06-7862"
section_name: "Section 411(d)(6) Protected Benefits; Correction"
positive_law: false
currency: "2006-09-21"
last_updated: "2006-09-21"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "06-7862"
document_type: "rule"
publication_date: "2006-09-21"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-BE10"
fr_citation: "71 FR 55108"
fr_volume: 71
docket_ids:
  - "TD 9280"
effective_date: "2006-08-09"
fr_action: "Correcting amendment."
---

#  Section 411 (d)(6) protected benefits.

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correcting amendment.

**SUMMARY:**

This document contains corrections to final regulations that were published in the *Federal Register* on August 9, 2006 (71 FR 45379) that provide guidance on certain issues under section 411(d)(6) of the Internal Revenue Code (Code), including the interaction between the anti-cutback rules of section 411(d)(6) and the nonforfeitability requirements of section 411(a).

**EFFECTIVE DATE:**

This correction is effective August 9, 2006.

**FOR FURTHER INFORMATION CONTACT:**

Pamela R. Kinard, at (202) 622-6060 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulations that are the subject of this correction are under section 411(d)(6) of the Code.

**Need for Correction**

As published, the final regulations (TD 9280), contain 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**

**26 CFR Part 1**

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

**PART 1—INCOME TAXES**

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

**Authority:**

26 U.S.C 7805 * * *

**26 CFR Part 1**

*Par. 2.* Section 1.411(d)-3 is amended by revising paragraph (a)(3)(i), second sentence and (a)(4) *Example 4* (ii), second sentence to read as follows:

§ 1.411(d)-3

(a) * * *

(3) * * * However, such an amendment does not violate section 411(d)(6) to the extent it applies with respect to benefits that accrue after the applicable amendment date.

(4) * * *

**Example 4 * * ***

(ii) * * * A method of avoiding a section 411 (d)(6) violation with respect to account balances attributable to benefits accrued as of the applicable amendment date and earnings thereon would be for Plan D to provide for the vested percentage of G and each other participant in Plan E to be no less than the greater of the vesting percentages under the two vesting schedules (for example, for G and each other participant in Plan E to be 20% vested upon completion of 3 years of service, 40% vested upon completion of 4 years of service, and fully vested upon completion of 5 years of service) for those account balances and earnings.

Cynthia Grigsby,

Senior Federal Liaison Officer, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).