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Treasury adopts good-faith rule for minimum distributions from governmental plans

  • Sutherland Asbill & Brennan LLP
  • -
  • USA
  • -
  • October 2 2009

The Treasury Department and the Internal Revenue Service adopted regulations formalizing a “reasonable good faith” standard for required minimum distributions (RMDs) from governmental 401(a)414(d), 403(b) and 457(b) plans