IRS Notice 2017-44 Provides Model Amendments to a Defined Benefit Plan Document to Add Bifurcated Benefit Distribution Options | Practical Law
The Internal Revenue Service (IRS) issued Notice 2017-44, which provides model amendments to a qualified defined benefit plan document that add bifurcated benefit distribution options. Certain bifurcated distribution options are permitted by the final regulations issued under Section 417(e) of the Internal Revenue Code, which were released in September 2016.