# Reporting and recordkeeping requirements with respect to designated Roth accounts.
**AGENCY:**
Internal Revenue Service (IRS), Treasury.
**ACTION:**
Correcting amendments.
**SUMMARY:**
This document contains corrections to final regulations (TD 9324) that were published in the *Federal Register* on Monday, April 30, 2007 (72 FR 21103) providing guidance concerning the taxation of distributions from designated Roth accounts under qualified cash or deferred arrangments under section 401(k).
**DATES:**
The correction is effective June 5, 2007.
**FOR FURTHER INFORMATION CONTACT:**
R. Lisa Mojiri-Azad or William D. Gibbs at 202-622-6060, or Cathy A. Vohs, 202-622-6090 (not toll-free numbers).
**SUPPLEMENTARY INFORMATION:**
**Background**
The final regulations that are the subject of this correction are under sections 401(k), 402(g), 402A, and 408A of the Internal Revenue Code.
**Need for Correction**
As published, final regulations (TD 9324) 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.
**26 CFR Part 1**
**Correction of Publication**
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 1.402A-1 is amended by revising the first sentence of *Example.* of A-8.(b) to read as follows:
§ 1.402A-1
A-8. * * *
(b) * * *
**Example.**
The facts are the same as in the *Example* in A-7 of this section, except that instead of being disabled, Employee C is receiving a hardship distribution. * * *
**26 CFR Part 1**
*Par. 3.* Section 1.402A-2 is amended by revising paragraph (2) of A-2.(a) to read as follows:
§ 1.402A-2
A-2. * * *
(a) * * *
(2) If the distribution is not a direct rollover to a designated Roth account under another plan, the plan administrator or responsible party must provide to the employee, upon request, the same information described in paragraph (a)(1) of this A-2, except the statement need not indicate the first year of the 5-taxable-year period described in A-1 of this section.
LaNita Van Dyke,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).