In September, the Internal Revenue Service issued updated safe harbor tax notices for qualified plans to provide to participants. Internal Revenue Code section 402(f ) requires plan administrators of tax-qualified retirement plans to provide an explanation of tax consequences and rollover options to a participant before making a distribution from the plan. The IRS last provided a safe harbor section 402(f ) notice in 2002. The updated IRS model notices take into account changes in the law made by the Economic Growth and Tax Relief Reconciliation Act and the Pension Protection Act. The IRS provided two separate notices: one for plans with Roth accounts; and one for plans that do not have Roth accounts. The new notices may be used immediately.

The safe harbor notices are available here: http://www.irs.gov/pub/irs-drop/n-09-68.pdf