For inflation adjustment of certain items in this section, see Internal Revenue Notices listed in a table below.

Pub. L. 117–328, div. T, title I, § 123,Dec. 29, 2022,136 Stat. 5313, provided that, applicable to plan years beginning afterDec. 31, 2027, subsection (a)(35) of this section is amended by adding at the end the following new subparagraph:

“(I)ESOP rules relating to publicly traded securities.—In the case of an applicable defined contribution planwhich is an employee stock ownership plan, an employer securityshall be treated as described in subparagraph (G)(v) if—

“(i) the security is the subject of priced quotations by at least 4 dealers, published and made continuously available on an interdealer quotation system (as such term is used in section 13 of theSecurities Exchange Act of 1934) which has made the request described in section 6(j) of such Act to be treated as an alternative trading system,

“(ii) the security is not a penny stock (as defined by section 3(a)(51) of such Act),

“(iii) the security is issued by a corporation which is not a shell company (as such term is used in section 4(d)(6) of theSecurities Act of 1933), a blank check company (as defined in section 7(b)(3) of such Act), or subject to bankruptcy proceedings,

“(iv) the security has a public float (as such term is used insection 240.12b-2 of title 17, Code of Federal Regulations) which has a fair market value of at least $1,000,000 and constitutes at least 10 percent of the total shares issued and outstanding.

“(v) in the case of a security issued by a domestic corporation, the issuer publishes, not less frequently than annually, financial statements audited by an independent auditor registered with the Public Company Accounting Oversight Board established under theSarbanes-Oxley Act of 2002, and

“(vi) in the case of a security issued by a foreign corporation, the security is represented by a depositary share (as defined undersection 240.12b-2 of title 17, Code of Federal Regulations), or is issued by a foreign corporation incorporated in Canada and readily tradeable on an established securities market in Canada, and the issuer—

“(I) is subject to, and in compliance with, the reporting requirements of section 13 or 15(d) of theSecurities Exchange Act of 1934 (15 U.S.C. 78m or 78o(d)),

“(II) is subject to, and in compliance with, the reporting requirements ofsection 230.257 of title 17, Code of Federal Regulations, or

“(III) is exempt from such requirements undersection 240.12g3–2(b) of title 17, Code of Federal Regulations.”

See 2022 Amendment note below.

Pub. L. 117–328, div. T, title I, § 125(a)(2)(B)(ii), (c), (f)(1),Dec. 29, 2022,136 Stat. 5315, 5316, provided that, applicable to plan years beginning afterDec. 31, 2024, subsection (k) of this section is amended as follows:

(1) in paragraph (2)(D)(ii), by striking “3” and inserting “2”; and

(2) in paragraph (15)(B)(i), by inserting “, or by reason of such paragraph and section 202(c)(1)(B) of theEmployee Retirement Income Security Act of 1974” after “paragraph (2)(D)(ii)”.

See 2022 Amendment notes below.

Pub. L. 117–328, div. T, title III, § 334(a), (b)(1), (e),Dec. 29, 2022,136 Stat. 5368, 5370, 5372, provided that, applicable to distributions made after the date which is 3 years afterDec. 29, 2022, this section is amended as follows:

(1) in subsection (a), by inserting after paragraph (38) the following new paragraph:

“(39)Qualified long-term care distributions

“(A)In general.—A trust forming part of a defined contribution planshall not be treated as failing to constitute a qualified trust under this section solely by reason of allowing qualified long-term care distributions.

“(B)Qualified long-term care distribution.—For purposes of this paragraph—

“(i)In general.—The term ‘qualified long-term care distribution’ means so much of the distributions made during the taxable year as does not exceed, in the aggregate, the least of the following:

“(I) The amount paid by or assessed to theemployee during the taxable year for or with respect to certified long-term care insurance for theemployee or theemployee’s spouse (or other family member of theemployee as provided by the Secretary by regulation).

“(II) An amount equal to 10 percent of the present value of the nonforfeitable accrued benefit of theemployee under the plan.

“(III) $2,500.

“(ii)Adjustment for inflation.—In the case of taxable years beginning afterDecember 31, 2024, the $2,500 amount in clause (i)(II) shall be increased by an amount equal to—

“(I) such dollar amount, multiplied by

“(II) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting ‘calendar year 2023’ for ‘calendar year 2016’ in subparagraph (A)(ii) thereof.

 If any increase under the preceding sentence is not a multiple of $100, such amount shall be rounded to the nearest multiple of $100.

“(C)Certified long-term care insurance.—The term ‘certified long-term care insurance’ means—

“(i) a qualified long-term care insurance contract (as defined insection 7702B(b)) covering qualified long-term care services (as defined in section 7702B(c)),

“(ii) coverage of the risk that an insured individual would become a chronically ill individual (within the meaning ofsection 101(g)(4)(B)) under a rider or other provision of a life insurance contract which satisfies the requirements of section 101(g)(3) (determined without regard to subparagraph (D) thereof), or

“(iii) coverage of qualified long-term care services (as so defined) under a rider or other provision of an insurance orannuity contract which is treated as a separate contract under section 7702B(e) and satisfies the requirements of section 7702B(g),

if such coverage provides meaningful financial assistance in the event the insured needs home-based or nursing home care. For purposes of the preceding sentence, coverage shall not be deemed to provide meaningful financial assistance unless benefits are adjusted for inflation and consumer protections are provided, including protection in the event the coverage is terminated.

“(D)Distributions must otherwise be includible.—Rules similar to the rules ofsection 402(l)(3) shall apply for purposes of this paragraph.

“(E)Long-term care premium statement.—

“(i)In general.—No distribution shall be treated as a qualified long-term care distribution unless a long-term care premium statement with respect to the employeehas been filed with the plan.

“(ii)Long-term care premium statement.—For purposes of this paragraph, a long-term care premium statement is a statement provided by the issuer of long-term care coverage, upon request by the owner of such coverage, which includes—

“(I) the name and taxpayer identification number of such issuer,

“(II) a statement that the coverage is certified long-term care insurance,

“(III) identification of theemployee as the owner of such coverage,

“(IV) identification of the individual covered and such individual’s relationship to theemployee,

“(V) the premiums owed for the coverage for the calendar year, and

“(VI) such other information as the Secretary may require.

“(iii)Filing with secretary.—A long-term care premium statement will be accepted only if the issuer has completed a disclosure to the Secretary for the specific coverage product to which the statement relates. Such disclosure shall identify the issuer, type of coverage, and such other information as the Secretary may require which is included in the filing of the product with the applicable State authority.”; and

(2) in subsection (k)(2)(B)(i), by striking “or” at the end of subclause (V), by adding “or” at the end of subclause (VI), and by adding at the end the following new subclause:

“(VII) as provided in section 401(a)(39),”.

See 2022 Amendment notes below.

TheEmployee Retirement Income Security Act of 1974, referred to in subsec. (a)(12), (13)(C)(i)(II), (III), (iii)(II), (33)(C), (34), (35)(G)(iii), (36)(B), isPub. L. 93–406,Sept. 2, 1974,88 Stat. 829. Part 4 of subtitle B of title I of the Act is classified generally to part 4 (§ 1101 et seq.) of subtitle B of subchapter I of chapter 18 of Title 29, Labor. Title IV of the Act is classified generally to subchapter III (§ 1301 et seq.) of chapter 18 of Title 29. Sections 407, 412, 4021, 4050, and 4203 of the Act are classified to sections 1107, 1112, 1321, 1350, and 1383, respectively, of Title 29. For complete classification of this Act to the Code, see Short Title note set out undersection 1001 of Title 29 and Tables.

TheSocial Security Act, referred to in subsecs. (a)(15), (l)(4)(C)(ii), (5)(A)(ii), (D)(ii), (E)(i), (F), is act Aug. 14, 1935, ch. 531,49 Stat. 620, which is classified generally to chapter 7 (§ 301 et seq.) of Title 42, The Public Health and Welfare. Title II of theSocial Security Act is classified generally to subchapter II (§ 401 et seq.) of Title 42. Sections 223(d) and 230 of theSocial Security Act are classified to sections 423(d) and 430, respectively, of Title 42. For complete classification of this Act to the Code, seesection 1305 of Title 42 and Tables.

Section 521 of theUnemployment Compensation Amendments of 1992, referred to in subsec. (a)(20), issection 521 of Pub. L. 102–318, which amended section 402(a) to (f) of this title generally, and, as so amended, subsec. (a) of section 402 does not contain a par. (6)(B).

TheRailroad Retirement Act of 1974, referred to in subsec. (l)(6), is act Aug. 29, 1935, ch. 812, as amended generally byPub. L. 93–445, title I, § 101,Oct. 16, 1974,88 Stat. 1305, which is classified generally to subchapter IV (§ 231 et seq.) of chapter 9 of Title 45, Railroads. For further details and complete classification of this Act to the Code, see Codification note set out precedingsection 231 of Title 45,section 231t of Title 45, and Tables.

Section 472 of theHigher Education Act of 1965, as in effect on the day before the date of the enactment of theTaxpayer Relief Act of 1997, referred to in subsec. (m)(4)(D), meanssection 472 of Pub. L. 89–329, which is classified to section 1087ll of Title 20, Education, as in effect on the day before the date of enactment ofPub. L. 105–34, which was approvedAug. 5, 1997.

2022—Subsec. (a)(9)(B)(iv).Pub. L. 117–328, § 327(a), amended cl. (iv) generally. Prior to amendment, text read as follows: “If the designated beneficiaryreferred to in clause (iii)(I) is the surviving spouse of the employee—

“(I) the date on which the distributions are required to begin under clause (iii)(III) shall not be earlier than the date on which theemployee would have attained the applicable age, and

“(II) if the surviving spouse dies before the distributions to such spouse begin, this subparagraph shall be applied as if the surviving spouse were theemployee.”

Subsec. (a)(9)(B)(iv)(I).Pub. L. 117–328, § 107(b), substituted “the applicable age” for “age 72”.

Subsec. (a)(9)(C)(i)(I).Pub. L. 117–328, § 107(a), substituted “the applicable age” for “age 72”.

Subsec. (a)(9)(C)(ii)(I).Pub. L. 117–328, § 107(b), substituted “the applicable age” for “age 72”.

Subsec. (a)(9)(C)(v).Pub. L. 117–328, § 107(c), added cl. (v).

Subsec. (a)(9)(H)(iv)(II).Pub. L. 117–328, § 337(a), substituted “no beneficiary” for “no individual”.

Subsec. (a)(9)(H)(v).Pub. L. 117–328, § 337(b), inserted concluding provisions.

Subsec. (a)(9)(J).Pub. L. 117–328, § 201(a), added subpar. (J).

Subsec. (a)(31)(B)(ii).Pub. L. 117–328, § 304(a), substituted “$7,000” for “$5,000”.

Subsec. (a)(35)(I).Pub. L. 117–328, § 123(a), added subpar. (I).

Subsec. (a)(39).Pub. L. 117–328, § 334(a), added par. (39).

Subsec. (b)(2).Pub. L. 117–328, § 317(a), inserted at end “In the case of an individual who owns the entire interest in an unincorporated trade or business, and who is the only employeeof such trade or business, any elective deferrals(as defined in section 402(g)(3)) under a qualified cash or deferred arrangement to which the preceding sentence applies, which are made by such individual before the time for filing the return of such individual for the taxable year (determined without regard to any extensions) ending after or with the end of the plan’s first plan year, shall be treated as having been made before the end of such first plan year.”

Subsec. (b)(3).Pub. L. 117–328, § 316(a), added par. (3).

Subsec. (k)(2)(B)(i)(VII).Pub. L. 117–328, § 334(b)(1), added subcl. (VII).

Subsec. (k)(2)(D)(ii).Pub. L. 117–328, § 125(c), substituted “2” for “3”.

Subsec. (k)(4)(A).Pub. L. 117–328, § 113(a), inserted “(other than a de minimis financial incentive (not paid for with plan assets) provided to employeeswho elect to have the employermake contributions under the arrangement in lieu of receiving cash)” after “any other benefit”.

Subsec. (k)(11)(B)(i)(I).Pub. L. 117–328, § 117(g)(1), inserted before comma at end “(after the application of any election under section 408(p)(2)(E)(i)(II))”.

Subsec. (k)(11)(B)(i)(III), (IV).Pub. L. 117–328, § 116(b)(2), (3), added subcl. (III), redesignated former subcl. (III) as (IV), and substituted “, (II), or (III)” for “or (II)” in subcl. (IV).

Subsec. (k)(11)(E).Pub. L. 117–328, § 117(g)(2), added subpar. (E).

Subsec. (k)(12)(G).Pub. L. 117–328, § 401(b)(2), substituted “the contribution requirements under subparagraph (B) or (C)” for “the requirements under subparagraph (A)(i)”.

Subsec. (k)(13)(D)(iv).Pub. L. 117–328, § 401(b)(3), substituted “and (G)” for “and (F)”.

Subsec. (k)(14)(C).Pub. L. 117–328, § 312(a), added subpar. (C).

Subsec. (k)(15)(B)(i).Pub. L. 117–328, § 125(a)(2)(B)(ii), in introductory provisions, inserted “, or by reason of such paragraph and section 202(c)(1)(B) of theEmployee Retirement Income Security Act of 1974” after “paragraph (2)(D)(ii)”.

Subsec. (k)(15)(B)(i)(II).Pub. L. 117–328, § 401(a)(2)(A), substituted “paragraphs (2), (11), and (12) of subsection (m)” for “subsection (m)(2)”.

Subsec. (k)(15)(B)(iii).Pub. L. 117–328, § 401(a)(2)(B), substituted “under the plan” for “under the arrangement”.

Subsec. (k)(15)(B)(iv).Pub. L. 117–328, § 401(a)(2)(C), substituted “paragraph (2)(D)” for “section 410(a)(1)(A)(ii)”.

Subsec. (k)(16).Pub. L. 117–328, § 121(a), added par. (16).

Subsec. (m)(4)(A)(iii).Pub. L. 117–328, § 110(a), added cl. (iii).

Subsec. (m)(4)(D).Pub. L. 117–328, § 110(b), added subpar. (D).

Subsec. (m)(12)(B), (C).Pub. L. 117–328, § 401(a)(1), added subpar. (B) and redesignated former subpar. (B) as (C).

Subsec. (m)(13), (14).Pub. L. 117–328, § 110(c), added par. (13) and redesignated former par. (13) as (14).

2020—Subsec. (a)(9)(I).Pub. L. 116–136 added subpar. (I).

Subsec. (a)(36).Pub. L. 116–260 amended par. (36) generally. Prior to amendment, text read as follows: “A trust forming part of a pension plan shall not be treated as failing to constitute a qualified trust under this section solely because the plan provides that a distribution may be made from such trust to an employeewho has attained age 59½ and who is not separated from employment at the time of such distribution.”

2019—Subsec. (a)(9)(B)(iv)(I).Pub. L. 116–94, § 114(b), substituted “age 72” for “age 70½”.

Subsec. (a)(9)(C)(i)(I).Pub. L. 116–94, § 114(a), substituted “age 72” for “age 70½”.

Subsec. (a)(9)(C)(ii)(I).Pub. L. 116–94, § 114(b), substituted “age 72” for “age 70½”.

Subsec. (a)(9)(E).Pub. L. 116–94, § 401(a)(2), amended subpar. (E) generally. Prior to amendment, text read as follows: “For purposes of this paragraph, the term‘designated beneficiary’ means any individual designated as a beneficiary by the employee.”

Subsec. (a)(9)(H).Pub. L. 116–94, § 401(a)(1), added subpar. (H).

Subsec. (a)(26)(I).Pub. L. 116–94, § 205(b), added subpar. (I).

Subsec. (a)(36).Pub. L. 116–94, § 104(a), substituted “age 59½” for “age 62”.

Subsec. (a)(38).Pub. L. 116–94, § 109(a), added par. (38).

Subsec. (b).Pub. L. 116–94, § 201(a), substituted “plan amendments” for “retroactive changes in plan” in heading, designated existing provisions as par. (1) and inserted heading, and added par. (2).

Subsec. (k)(2)(B)(i)(VI).Pub. L. 116–94, § 109(b)(1), added subcl. (VI).

Subsec. (k)(2)(B)(iii).Pub. L. 116–94, § 109(b)(2), added cl. (iii).

Subsec. (k)(2)(D).Pub. L. 116–94, § 112(a)(1), amended subpar. (D) generally. Prior to amendment, subpar. (D) read as follows: “which does not require, as a condition of participation in the arrangement, that an employeecomplete a period of service with the employer(or employers) maintaining the plan extending beyond the period permitted under section 410(a)(1) (determined without regard to subparagraph (B)(i) thereof).”

Subsec. (k)(12)(A).Pub. L. 116–94, § 103(a)(1), added cls. (i) and (ii) and struck out former cls. (i) and (ii) which read as follows:

“(i) meets the contribution requirements of subparagraph (B) or (C), and

“(ii) meets the notice requirements of subparagraph (D).”

Subsec. (k)(12)(F), (G).Pub. L. 116–94, § 103(b), added subpar. (F) and redesignated former subpar. (F) as (G).

Subsec. (k)(13)(B).Pub. L. 116–94, § 103(a)(2), substituted “means a cash or deferred arrangement—” for “means any cash or deferred arrangement which meets the requirements of subparagraphs (C) through (E).” and added cls. (i) and (ii).

Subsec. (k)(13)(C)(iii).Pub. L. 116–94, § 102(a), substituted “does not exceed 15 percent (10 percent during the period described in subclause (I))” for “does not exceed 10 percent” in introductory provisions.

Subsec. (k)(13)(F).Pub. L. 116–94, § 103(c), added subpar. (F).

Subsec. (k)(15).Pub. L. 116–94, § 112(a)(2), added par. (15).

Subsecs. (o), (p).Pub. L. 116–94, § 205(a), added subsec. (o) and redesignated former subsec. (o) as (p).

2018—Subsec. (a)(2).Pub. L. 115–141, § 401(a)(69), substituted “determination));” for “determination).;”.

Subsec. (a)(15).Pub. L. 115–141, § 401(a)(70), substituted “A trust” for “a trust” in introductory provisions.

Subsec. (a)(32)(A).Pub. L. 115–141, § 401(a)(71), substituted “section 430(j)(4) or 433(f)(5)” for “section section 430(j)(4) or 433(f)(5)” in two places.

Subsec. (c)(2)(A)(iii).Pub. L. 115–141, § 401(a)(72), substituted “subparagraph (A), (C), or (D) of section 3121(d)(3), without regard to section 1402(c)(2)” for “sections 3121(d)(3)(A), (C), or (D), without regard to paragraph (2) of section 1402(c)”.

Subsec. (k)(2)(B)(i)(IV).Pub. L. 115–123, § 41114(b), amended subcl. (IV) generally. Prior to amendment, subcl. (IV) read as follows: “in the case of contributions to a profit-sharing or stock bonus plan to which section 402(e)(3) applies, upon hardship of the employee, or”.

Subsec. (k)(14).Pub. L. 115–123, § 41114(a), added par. (14).

2014—Subsec. (a)(9)(H).Pub. L. 113–295 struck out subpar. (H) which related to a waiver from the minimum distribution requirements of subsec. (a)(9) during calendar year 2009 for certain defined contribution and individual retirement plans.

Subsec. (a)(29).Pub. L. 113–97, § 202(c)(3)(A), substituted“multiemployer planor a CSEC plan” for“multiemployer plan”.

Subsec. (a)(32)(A).Pub. L. 113–97, § 202(c)(5)(A), substituted “430(j)(4) or 433(f)(5)” for “430(j)(4)” in two places.

Subsec. (a)(32)(C).Pub. L. 113–97, § 202(c)(5)(B), substituted “430(j)(3) or 433(f) by reason of section 430(j)(4)(A) or 433(f)(5), respectively” for “430(j)(3) by reason of section 430(j)(4)(A) thereof”.

Subsec. (a)(33)(C).Pub. L. 113–97, § 202(c)(4), substituted“multiemployer plansor CSEC plans” for“multiemployer plans”.

2010—Subsec. (h).Pub. L. 111–152 inserted at end “For purposes of this subsection, the term‘dependent’ shall include any individual who is a child (as defined in section 152(f)(1)) of a retired employeewho as of the end of the calendar year has not attained age 27.”

2008—Subsec. (a)(9)(H).Pub. L. 110–458, § 201(a), added subpar. (H).

Subsec. (a)(29).Pub. L. 110–458, § 101(d)(2)(A), struck out “on plans in at-risk status” after “limitations” in heading.

Subsec. (a)(32)(C).Pub. L. 110–458, § 101(d)(2)(B), substituted “section 430(j)(3)” for “section 430(j)” and “section 430(j)(4)(A)” for “paragraph (5)(A)”.

Subsec. (a)(33)(B)(iii).Pub. L. 110–458, § 101(d)(2)(C)(i), substituted “section 412(d)(2)” for “section 412(c)(2)”.

Subsec. (a)(33)(D).Pub. L. 110–458, § 101(d)(2)(C)(ii), substituted “section 412(b)(1), without regard to section 412(b)(2)” for “section 412(b)(2) (without regard to subparagraph (B) thereof)”.

Subsec. (a)(35)(E)(iv).Pub. L. 110–458, § 109(a), amended cl. (iv) generally. Prior to amendment, text read as follows: “For purposes of clause (iii), the term‘one-participant retirement plan’ means a retirement plan that—

“(I) on the first day of the plan year covered only one individual (or the individual and the individual’s spouse) and the individual owned 100 percent of the plan sponsor (whether or not incorporated), or covered only one or more partners (or partners and their spouses) in the plan sponsor,

“(II) meets the minimum coverage requirements of section 410(b) without being combined with any other plan of the business that covers theemployees of the business,

“(III) does not provide benefits to anyone except the individual (and the individual’s spouse) or the partners (and their spouses),

“(IV) does not cover a business that is a member of an affiliated service group, acontrolled group of corporations, or a group of businesses under common control, and

“(V) does not cover a business that uses the services of leasedemployees (within the meaning ofsection 414(n)).

For purposes of this clause, the term ‘partner’ includes a 2-percent shareholder (as defined in section 1372(b)) of an S corporation.”

Subsec. (a)(37).Pub. L. 110–245 added par. (37).

Subsec. (k)(8)(E).Pub. L. 110–458, § 109(b)(2), substituted “permissible withdrawal” for “erroneous automatic contribution” in heading and “a permissible withdrawal” for “an erroneous automatic contribution” in text.

Subsec. (k)(13)(D)(i)(I).Pub. L. 110–458, § 109(b)(1), substituted “such contributions as exceed 1 percent but do not” for “such compensationas exceeds 1 percent but does not”.

2006—Subsec. (a)(5)(G).Pub. L. 109–280, § 861(a)(1), (b)(1), substituted “Governmental” for “State and local governmental” in heading and “section 414(d))” for “section 414(d)) maintained by a State or local government or political subdivision thereof (or agency or instrumentality thereof)” in text.

Subsec. (a)(26)(G).Pub. L. 109–280, § 861(a)(1), (b)(2), substituted “Exception for” for “Exception for state and local” in heading and “section 414(d))” for “section 414(d)) maintained by a State or local government or political subdivision thereof (or agency or instrumentality thereof)” in text.

Subsec. (a)(28)(B)(v).Pub. L. 109–280, § 901(a)(2)(A), added cl. (v).

Subsec. (a)(29).Pub. L. 109–280, § 114(a)(1), amended heading and text of par. (29) generally, substituting provisions relating to benefit limitations on plans in at-risk status for provisions relating to security required upon adoption of plan amendment resulting in significant underfunding.

Subsec. (a)(32)(A).Pub. L. 109–280, § 114(a)(2)(A), substituted “section 430(j)(4)” for “412(m)(5)” in two places.

Subsec. (a)(32)(C).Pub. L. 109–280, § 114(a)(2)(B), substituted “section 430(j)” for “section 412(m)”.

Subsec. (a)(33)(B)(i).Pub. L. 109–280, § 114(a)(3)(A), which directed amendment of cl. (i) by substituting “funding target attainment percentage (as defined in section 430(d)(2))” for “funded current liability percentage (within the meaning of section 412(l)(8))”, was executed by making the substitution for “funded current liability percentage (as defined in section 412(l)(8))”, to reflect the probable intent ofCongress.

Subsec. (a)(33)(B)(iii).Pub. L. 109–280, § 114(a)(3)(B), substituted “section 412(c)(2)” for “subsection 412(c)(8)”.

Subsec. (a)(33)(D).Pub. L. 109–280, § 114(a)(3)(C), substituted “section 412(b)(2) (without regard to subparagraph (B) thereof)” for “section 412(c)(11) (without regard to subparagraph (B) thereof)”.

Subsec. (a)(35).Pub. L. 109–280, § 901(a)(1), added par. (35).

Subsec. (a)(36).Pub. L. 109–280, § 905(b), added par. (36).

Subsec. (k)(2)(B)(i)(V).Pub. L. 109–280, § 827(b)(1), added subcl. (V).

Subsec. (k)(3)(G).Pub. L. 109–280, § 861(a)(2), (b)(3), inserted heading and struck out “maintained by a State or local government or political subdivision thereof (or agency or instrumentality thereof)” after “414(d))” in text.

Subsec. (k)(8)(A)(i).Pub. L. 109–280, § 902(e)(3)(B)(i), inserted “through the end of such year” after “such contributions”.

Subsec. (k)(8)(E).Pub. L. 109–280, § 902(d)(2)(C), (D), inserted “or erroneous automatic contribution” after “or contribution” in heading and inserted “an erroneous automatic contribution under section 414(w),” after “402(g)(2)(A),” in text.

Subsec. (k)(13).Pub. L. 109–280, § 902(a), added par. (13).

Subsec. (m)(6)(A).Pub. L. 109–280, § 902(e)(3)(B)(ii), inserted “through the end of such year” after “to such contributions”.

Subsec. (m)(12), (13).Pub. L. 109–280, § 902(b), added par. (12) and redesignated former par. (12) as (13).

2004—Subsec. (a)(26)(C) to (I).Pub. L. 108–311 redesignated subpars. (D) to (I) as (C) to (H), respectively, and struck out heading and text of former subpar. (C). Text read as follows: “In the case of contributions under section 401(k) or 401(m), employeeswho are eligible to contribute (or may elect to have contributions made on their behalf) shall be treated as benefiting under the plan.”

2002—Subsec. (a)(30).Pub. L. 107–147, § 411(o)(2), substituted “402(g)(1)(A)” for “402(g)(1)”.

Subsec. (a)(31)(C)(i).Pub. L. 107–147, § 411(q)(1), inserted “is a qualified trust which is part of a plan which is a defined contribution planand” before “agrees”.

2001—Subsec. (a)(17).Pub. L. 107–16, § 611(c)(1), substituted “$200,000” for “$150,000” in two places.

Subsec. (a)(17)(B).Pub. L. 107–16, § 611(c)(2), substituted “July 1, 2001” for “October 1, 1993” and substituted “$5,000” for “$10,000” in two places.

Subsec. (a)(31).Pub. L. 107–16, § 657(a)(2)(A), substituted “Direct” for “Optional direct” in heading.

Subsec. (a)(31)(B).Pub. L. 107–16, § 657(a)(1), added subpar. (B). Former subpar. (B) redesignated (C).

Pub. L. 107–16, § 643(b), inserted at end “The preceding sentence shall not apply to such distribution if the plan to which such distribution is transferred—

“(i) agrees to separately account for amounts so transferred, including separately accounting for the portion of such distribution which is includible in gross income and the portion of such distribution which is not so includible, or

“(ii) is aneligible retirement plan described in clause (i) or (ii) of section 402(c)(8)(B).”

Pub. L. 107–16, § 641(e)(3), substituted “, 403(a)(4), 403(b)(8), and 457(e)(16)” for “and 403(a)(4)”.

Subsec. (a)(31)(C).Pub. L. 107–16, § 657(a)(2)(B), substituted “Subparagraphs (A) and (B)” for “Subparagraph (A)”.

Pub. L. 107–16, § 657(a)(1), redesignated subpar. (B) as (C). Former subpar. (C) redesignated (D).

Subsec. (a)(31)(D), (E).Pub. L. 107–16, § 657(a)(1), redesignated subpars. (C) and (D) as (D) and (E), respectively.

Subsec. (c)(2)(A).Pub. L. 107–16, § 611(g)(1), inserted at end “For purposes of this part only (other than sections 419 and 419A), this subparagraph shall be applied as if the term ‘trade or business’ for purposes of section 1402 included service described in section 1402(c)(6).”

Subsec. (k)(2)(B)(i)(I).Pub. L. 107–16, § 646(a)(1)(A), substituted “severance from employment” for “separation from service”.

Subsec. (k)(10).Pub. L. 107–16, § 646(a)(1)(C)(iii), struck out “or dispositionof assets or subsidiary” after “plan” in heading.

Subsec. (k)(10)(A).Pub. L. 107–16, § 646(a)(1)(B), reenacted heading without change and amended text generally, substituting present provisions for provisions including termination of plan, dispositionof assets, and dispositionof subsidiary as events described in this paragraph.

Subsec. (k)(10)(B)(i).Pub. L. 107–16, § 646(a)(1)(C)(i), substituted “A termination” for “An event” and “the termination” for “the event”.

Subsec. (k)(10)(C).Pub. L. 107–16, § 646(a)(1)(C)(ii), struck out heading and text of subpar. (C). Text read as follows: “An event shall not be treated as described in clause (ii) or (iii) of subparagraph (A) unless the transferor corporation continues to maintain the plan after the disposition.”

Subsec. (k)(11)(B)(i)(I).Pub. L. 107–16, § 611(f)(3)(A), substituted “the amount in effect under section 408(p)(2)(A)(ii)” for “$6,000”.

Subsec. (k)(11)(E).Pub. L. 107–16, § 611(f)(3)(B), struck out heading and text of subpar. (E). Text read as follows: “The Secretary shall adjust the $6,000 amount under subparagraph (B)(i)(I) at the same time and in the same manner as under section 408(p)(2)(E).”

Subsec. (m)(9).Pub. L. 107–16, § 666(a), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: “The Secretary shall prescribe such regulations as may be necessary to carry out the purposes of this subsection and subsection (k) including—

“(A) such regulations as may be necessary to prevent the multiple use of the alternative limitation with respect to anyhighly compensated employee, and

“(B) regulations permitting appropriate aggregation of plans and contributions.

For purposes of the preceding sentence, the term ‘alternative limitation’ means the limitation of section 401(k)(3)(A)(ii)(II) and the limitation of paragraph (2)(A)(ii) of this subsection.”

2000—Subsec. (k)(10)(B)(ii).Pub. L. 106–554 inserted at end “Such term includes a distribution of an annuitycontract from—

“(I) a trust which forms a part of a plan described in section 401(a) and which is exempt from tax under section 501(a), or

“(II) anannuity plan described in section 403(a).”

1997—Subsec. (a)(1).Pub. L. 105–34, § 1530(c)(1), inserted “or by a charitable remainder trust pursuant to a qualified gratuitous transfer (as defined in section 664(g)(1)),” after “stock bonus plans),”.

Subsec. (a)(5)(G).Pub. L. 105–34, § 1505(a)(1), added subpar. (G).

Subsec. (a)(13)(C), (D).Pub. L. 105–34, § 1502(b), added subpars. (C) and (D).

Subsec. (a)(26)(H).Pub. L. 105–34, § 1505(a)(2), amended heading and text of subpar. (H) generally. Prior to amendment, text read as follows:

“(i)In general.—An employermay elect to have this paragraph applied separately with respect to any classification of qualified public safety employeesfor whom a separate plan is maintained.

“(ii)Qualified public safety employee.—For purposes of this subparagraph, the term ‘qualified public safety employee’ means any employeeof any police department or fire department organized and operated by a State or political subdivision if the employeeprovides police protection, firefighting services, or emergency medical services for any area within the jurisdiction of such State or political subdivision.”

Subsec. (k)(3)(G).Pub. L. 105–34, § 1505(b), added subpar. (G).

Subsec. (k)(7)(B)(iii) to (v).Pub. L. 105–34, § 1525(a), struck out “and” at end of cl. (iii), added cl. (iv), redesignated former cl. (iv) as (v), and in cl. (v), substituted “, (iii), or (iv)” for “or (iii)”.

Subsec. (k)(11)(B)(iii).Pub. L. 105–34, § 1601(d)(2)(D), added cl. (iii).

Subsec. (k)(11)(D)(ii).Pub. L. 105–34, § 1601(d)(2)(A), inserted “if such plan allows only contributions required under this paragraph” before period at end.

Subsec. (k)(11)(E).Pub. L. 105–34, § 1601(d)(2)(B), added subpar. (E).

Subsec. (m)(11).Pub. L. 105–34, § 1601(d)(3), substituted “Additional alternative” for “Alternative” in heading.

1996—Subsec. (a)(5)(D)(ii).Pub. L. 104–188, § 1431(c)(1)(B), substituted “section 414(q)(4)” for “section 414(q)(7)” in introductory provisions.

Subsec. (a)(5)(F).Pub. L. 104–188, § 1445(a), added subpar. (F).

Subsec. (a)(9)(C).Pub. L. 104–188, § 1404(a), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: “For purposes of this paragraph, the term‘required beginning date’ means April 1 of the calendar year following the calendar year in which the employeeattains age 70½. In the case of a governmental planor church plan, the required beginning dateshall be the later of the date determined under the preceding sentence or April 1 of the calendar year following the calendar year in which the employeeretires. For purposes of this subparagraph, the term‘church plan’ means a plan maintained by a churchfor church employees, and the term‘church’ means any church(as defined in section 3121(w)(3)(A)) or qualified church-controlled organization (as defined in section 3121(w)(3)(B)).”

Subsec. (a)(17)(A).Pub. L. 104–188, § 1431(b)(2), struck out at end “In determining the compensationof an employee, the rules of section 414(q)(6) shall apply, except that in applying such rules, the term ‘family’ shall include only the spouse of the employeeand any lineal descendants of the employeewho have not attained age 19 before the close of the year.”

Subsec. (a)(20).Pub. L. 104–188, § 1704(t)(67), substituted “section 521” for “section 211” in last sentence.

Subsec. (a)(26)(A).Pub. L. 104–188, § 1432(a), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: “A trust shall not constitute a qualified trust under this subsection unless such trust is part of a plan which on each day of the plan year benefits the lesser of—

“(i) 50employees of the employer, or

“(ii) 40 percent or more of allemployees of the employer.”

Subsec. (a)(26)(G).Pub. L. 104–188, § 1432(b), substituted “paragraph (2)(A) or (7)” for “paragraph (7)”.

Subsec. (a)(28)(B)(v).Pub. L. 104–188, § 1401(b)(5), struck out cl. (v) which read as follows:

“(v)Coordination with distribution rules.—Any distribution required by this subparagraph shall not be taken into account in determining whether a subsequent distribution is a lump sum distribution undersection 402(d)(4)(A) or in determining whether section 402(c)(10) applies.”

Subsec. (d).Pub. L. 104–188, § 1441(a), amended subsec. (d) generally, substituting provisions relating to contribution limit on owner-employeesfor former provisions relating to additional requirements for qualification of trusts and plans benefiting owner-employees.

Subsec. (h).Pub. L. 104–188, § 1704(a), provided that, except as otherwise expressly provided, whenever in title XII ofPub. L. 101–508 an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of theInternal Revenue Code of 1986.Section 12011(b) of title XII of Pub. L. 101–508 directed the amendment of this section without specifying that the amendment was to theInternal Revenue Code of 1986. See 1990 Amendment note below.

Subsec. (k)(3)(A).Pub. L. 104–188, § 1433(c)(1), in introductory provisions of cl. (ii) substituted “the plan year” for “such year” and “for the preceding plan year” for “for such plan year” and inserted at end of closing provisions of subpar. (A) “An arrangement may apply clause (ii) by using the plan year rather than the preceding plan year if the employerso elects, except that if such an election is made, it may not be changed except as provided by the Secretary.”

Subsec. (k)(3)(E).Pub. L. 104–188, § 1433(d)(1), added subpar. (E).

Subsec. (k)(3)(F).Pub. L. 104–188, § 1459(a), added subpar. (F).

Subsec. (k)(4)(B).Pub. L. 104–188, § 1426(a), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows:

“(B)State and local governments and tax-exempt organizations not eligible.—A cash or deferred arrangement shall not be treated as a qualified cash or deferred arrangement if it is part of a plan maintained by—

“(i) a State or local government or political subdivision thereof, or any agency or instrumentality thereof, or

“(ii) any organization exempt from tax under this subtitle.

This subparagraph shall not apply to arural cooperative plan.”

Subsec. (k)(7)(B)(i).Pub. L. 104–188, § 1443(b), amended cl. (i) generally. Prior to amendment, cl. (i) read as follows: “any organization which—

“(I) is exempt from tax under this subtitle or which is a State or local government or political subdivision thereof (or agency or instrumentality thereof), and

“(II) is engaged primarily in providing electric service on a mutual or cooperative basis,”.

Subsec. (k)(7)(C).Pub. L. 104–188, § 1443(a), added subpar. (C).

Subsec. (k)(8)(C).Pub. L. 104–188, § 1433(e)(1), substituted “on the basis of the amount of contributions by, or on behalf of, each of such employees” for “on the basis of the respective portions of the excess contributionsattributable to each of such employees”.

Subsec. (k)(10)(B)(ii).Pub. L. 104–188, § 1401(b)(6), amended cl. (ii) generally. Prior to amendment, cl. (ii) read as follows:

“(ii)Lump sum distribution.—For purposes of this subparagraph, the term ‘lump sum distribution’ has the meaning given such term by section 402(d)(4), without regard to clauses (i), (ii), (iii), and (iv) of subparagraph (A), subparagraph (B), or subparagraph (F) thereof.”

Subsec. (k)(11).Pub. L. 104–188, § 1422(a), added par. (11).

Subsec. (k)(12).Pub. L. 104–188, § 1433(a), added par. (12).

Subsec. (m)(2)(A).Pub. L. 104–188, § 1433(c)(2), inserted “for such plan year” after“highly compensated employees” in introductory provisions, inserted “for the preceding plan year” after“eligible employees” wherever appearing in cls. (i) and (ii), and inserted at end “This subparagraph may be applied by using the plan year rather than the preceding plan year if the employerso elects, except that if such an election is made, it may not be changed except as provided by the Secretary.”

Subsec. (m)(3).Pub. L. 104–188, § 1433(d)(2), inserted at end of closing provisions “Rules similar to the rules of subsection (k)(3)(E) shall apply for purposes of this subsection.”

Subsec. (m)(5)(C).Pub. L. 104–188, § 1459(b), added subpar. (C).

Subsec. (m)(6)(C).Pub. L. 104–188, § 1433(e)(2), substituted “on the basis of the amount of contributions on behalf of, or by, each such employee” for “on the basis of the respective portions of such amounts attributable to each of such employees”.

Subsec. (m)(10).Pub. L. 104–188, § 1422(b), added par. (10). Former par. (10) redesignated (11).

Subsec. (m)(11).Pub. L. 104–188, § 1433(b), added par. (11). Former par. (11) redesignated (12).

Pub. L. 104–188, § 1422(b), redesignated par. (10) as (11).

Subsec. (m)(12).Pub. L. 104–188, § 1433(b), redesignated par. (11) as (12).

1994—Subsec. (a)(17)(B).Pub. L. 103–465, § 732(a), reenacted subpar. (B) heading without change and amended text generally. Prior to amendment, text read as follows:

“(i)In general.—If, for any calendar year after 1994, the excess (if any) of—

“(I) $150,000, increased by the cost-of-living adjustment for the calendar year, over

“(II) the dollar amount in effect under subparagraph (A) for taxable years beginning in the calendar year,

is equal to or greater than $10,000, then the $150,000 amount under subparagraph (A) (as previously adjusted under this subparagraph) for any taxable year beginning in any subsequent calendar year shall be increased by the amount of such excess, rounded to the next lowest multiple of $10,000.

“(ii)Cost-of-living adjustment.—The cost-of-living adjustment for any calendar year shall be the adjustment made undersection 415(d) for such calendar year, except that the base period for purposes of section 415(d)(1)(A) shall be the calendar quarter beginningOctober 1, 1993.”

Subsec. (a)(32).Pub. L. 103–465, § 751(a)(9)(C), which directed amendment of subsec. (a) by adding par. (32) at end, was executed by adding par. (32) after par. (31) to reflect the probable intent ofCongress.

Subsec. (a)(33).Pub. L. 103–465, § 766(b), which directed amendment of subsec. (a) by adding par. (33) at end, was executed by adding par. (33) after par. (32) to reflect the probable intent ofCongress.

Subsec. (a)(34).Pub. L. 103–465, § 776(d), added par. (34).

1993—Subsec. (a)(17).Pub. L. 103–66 inserted par. heading, designated existing provisions as subpar. (A), inserted subpar. heading, substituted “$150,000” for “$200,000” in first sentence, struck out after first sentence “The Secretary shall adjust the $200,000 amount at the same time and in the same manner as under section 415(d).”, and added subpar. (B).

1992—Subsec. (a)(20).Pub. L. 102–318, § 521(b)(5), substituted “1 or more distributions within 1 taxable year to a distributee on account of a termination of the plan of which the trust is a part, or in the case of a profit-sharing or stock bonus plan, a complete discontinuance of contributions under such plan” for “a qualified total distribution described in section 402(a)(5)(E)(i)(I)” and inserted at end “For purposes of this paragraph, rules similar to the rules of section 402(a)(6)(B) (as in effect before its repeal by section 211 of theUnemployment Compensation Amendments of 1992) shall apply.”

Subsec. (a)(28)(B)(v).Pub. L. 102–318, § 521(b)(6), amended cl. (v) generally. Prior to amendment, cl. (v) read as follows: “Any distribution required by this subparagraph shall not be taken into account in determining whether—

“(I) a subsequent distribution is alump-sum distribution under section 402(e)(4)(A), or

“(II)section 402(a)(5)(D)(iii) applies to a subsequent distribution.”

Subsec. (a)(31).Pub. L. 102–318, § 522(a)(1), added par. (31).

Subsec. (k)(2)(B)(i)(IV).Pub. L. 102–318, § 521(b)(7), substituted “402(e)(3)” for “402(a)(8)”.

Subsec. (k)(10)(B)(ii).Pub. L. 102–318, § 521(b)(8), substituted “402(d)(4)” for “402(e)(4)” and “subparagraph (F)” for “subparagraph (H)”.

1990—Subsec. (h).Pub. L. 101–508, which directed that “section 401(h) is amended by inserting ‘, and subject to the provisions of section 420’ ” without specifying that amendment was to theInternal Revenue Code of 1986, was executed by making the insertion in subsec. (h) of this section. See 1996 Amendment note above.

1989—Subsec. (a)(9)(C).Pub. L. 101–140 struck out “(as defined in section 89(i)(4))” after “governmental or church plan” and inserted at end “For purposes of this subparagraph, the term‘church plan’ means a plan maintained by a churchfor church employees, and the term‘church’ means any church(as defined in section 3121(w)(3)(A)) or qualified church-controlled organization (as defined in section 3121(w)(3)(B)).”

Subsec. (a)(28)(B)(ii)(II).Pub. L. 101–239, § 7811(h)(3), made technical correction to directory language ofPub. L. 100–647, § 1011B(j)(1), see 1988 Amendment note below.

Subsec. (a)(29)(A)(i).Pub. L. 101–239, § 7881(i)(4)(A), substituted“multiemployer plan) to which the requirements of section 412 apply” for“multiemployer plan)”.

Subsec. (a)(29)(C)(i)(II).Pub. L. 101–239, § 7881(i)(1)(A), substituted “plan amendment and any other plan amendments adopted afterDecember 22, 1987, and before such plan amendment” for “plan amendment”.

Subsec. (a)(30).Pub. L. 101–239, § 7811(g)(1), moved par. (30) from a position after the undesignated closing par. to a position immediately after par. (29).

Subsec. (h).Pub. L. 101–239, § 7311(a), inserted at end “In no event shall the requirements of paragraph (1) be treated as met if the aggregate actual contributions for medical benefits, when added to actual contributions for life insurance protection under the plan, exceed 25 percent of the total actual contributions to the plan (other than contributions to fund past service credits) after the date on which the account is established.”

Subsec. (k)(4)(B).Pub. L. 101–239, § 7816(l), amendedPub. L. 100–647, § 6071(b)(2), see 1988 Amendment note below.

1988—Subsec. (a)(9)(C).Pub. L. 100–647, § 6053(a), inserted at end “In the case of a governmental planor church plan(as defined in section 89(i)(4)), the required beginning dateshall be the later of the date determined under the preceding sentence or April 1 of the calendar year following the calendar year in which the employeeretires.”

Subsec. (a)(11)(E), (F).Pub. L. 100–647, § 1011A(l), redesignated subpar. (E), relating to cross reference, as (F).

Subsec. (a)(17).Pub. L. 100–647, § 1011(d)(4), inserted at end “In determining the compensationof an employee, the rules of section 414(q)(6) shall apply, except that in applying such rules, the term ‘family’ shall include only the spouse of the employeeand any lineal descendants of the employeewho have not attained age 19 before the close of the year.”

Subsec. (a)(22).Pub. L. 100–647, § 1011B(k)(1), (2), substituted “is not readily tradable on an established market” for “is not publicly traded” in subpar. (A) and in last sentence, and inserted at end “For purposes of the preceding sentence, subsections (b), (c), (m), and (o) of section 414 shall not apply except for determining whether stock of the employeris not readily tradable on an established market.”

Subsec. (a)(26)(F), (G).Pub. L. 100–647, § 1011(h)(3), added subpars. (F) and (G). Former subpar. (F) redesignated (H).

Subsec. (a)(26)(H).Pub. L. 100–647, § 6055(a), added subpar. (H). Former subpar. (H) redesignated (I).

Pub. L. 100–647, § 1011(h)(3), redesignated former subpar. (F) as (H).

Subsec. (a)(26)(I).Pub. L. 100–647, § 6055(a), redesignated former subpar. (H) as (I).

Subsec. (a)(27).Pub. L. 100–647, § 1011A(j), inserted par. heading, designated existing provisions as subpar. (A), inserted subpar. (A) heading, and added subpar. (B).

Subsec. (a)(28)(B)(ii)(II).Pub. L. 100–647, § 1011B(j)(1), as amended byPub. L. 101–239, § 7811(h)(3), inserted “and within 90 days after the period during which the election may be made, the plan invests the portion of the participant’s account covered by the election in accordance with such election” after “clause (i)”.

Subsec. (a)(28)(B)(iv).Pub. L. 100–647, § 1011B(d)(2), amended cl. (iv) generally. Prior to amendment, cl. (iv) read as follows: “For purposes of this subparagraph, the term‘qualified election period’ means the 5-plan-year period beginning with the plan year after the plan year in which the participant attains age 55 (or, if later, beginning with the plan year after the 1st plan year in which the individual 1st became a qualified participant).”

Subsec. (a)(28)(B)(v).Pub. L. 100–647, § 1011B(j)(6), added cl. (v).

Subsec. (a)(30).Pub. L. 100–647, § 1011(c)(7)(A), added par. (30) at end.

Subsec. (k)(1), (2).Pub. L. 100–647, § 6071(a), struck out “electric” after “or a rural”.

Subsec. (k)(2)(B).Pub. L. 100–647, § 1011(k)(2)(A), inserted “amounts held by the trust which are attributable to employercontributions made pursuant to the employee’s election” after “under which”.

Subsec. (k)(2)(B)(i).Pub. L. 100–647, § 1011(k)(2)(B), struck out “amounts held by the trust which are attributable to employercontributions made pursuant to the employee’s election” before “may not be”.

Pub. L. 100–647, § 1011(k)(1)(A), added subcl. (II), redesignated former subcls. (V) and (VI) as (III) and (IV), respectively, and struck out former subcls. (II) to (IV) which read as follows:

“(II) termination of the plan without establishment of a successor plan,

“(III) the date of the sale by a corporation of substantially all of the assets (within the meaning ofsection 409(d)(2)) used by such corporation in a trade or business of such corporation with respect to an employeewho continues employment with the corporation acquiring such assets,

“(IV) the date of the sale by a corporation of such corporation’s interest in a subsidiary (within the meaning ofsection 409(d)(3)) with respect to an employeewho continues employment with such subsidiary,”.

Subsec. (k)(2)(B)(ii).Pub. L. 100–647, § 1011(k)(2)(C), struck out “amounts” before “will not be”.

Subsec. (k)(3)(A).Pub. L. 100–647, § 1011(k)(3)(B), made technical correction toPub. L. 99–514, § 1116(b)(4). See 1986 Amendment note below.

Subsec. (k)(3)(A)(ii).Pub. L. 100–647, § 1011(k)(3)(A), inserted “eligible” before“highly compensated employees” in introductory text, in subcl. (I), and in two places in subcl. (II).

Subsec. (k)(3)(C), (D).Pub. L. 100–647, § 1011(k)(4), (5), redesignated subpar. (C), relating to employercontributions, as (D), and substituted “meet” for “meets” in cl. (ii)(I).

Subsec. (k)(4)(A).Pub. L. 100–647, § 1011(k)(6), struck out “provided by such employer” after “any other benefit”.

Subsec. (k)(4)(B).Pub. L. 100–647, § 6071(b)(2), as amended byPub. L. 101–239, § 7816(l), substituted“rural cooperative plan” for “rural electric cooperative plan” in last sentence.

Pub. L. 100–647, § 1011(k)(9), inserted at end “This subparagraph shall not apply to a rural electric cooperative plan.”

Subsec. (k)(7).Pub. L. 100–647, § 6071(b)(1), substituted“Rural cooperative plan” for “Rural electric cooperative plan” in heading and amended text generally. Prior to amendment, text read as follows: “For purposes of this subsection—

“(A)In general.—The term‘rural cooperative plan’ means any pension plan—

“(i) which is adefined contribution plan (as defined insection 414(i)), and

“(ii) which is established and maintained by arural cooperative.

“(B)Rural cooperative defined.—For purposes of subparagraph (A), the term‘rural cooperative’ means—

“(i) any organization which—

“(I) is exempt from tax under this subtitle or which is a State or local government or political subdivision thereof (or agency or instrumentality thereof), and

“(II) is engaged primarily in providing electric service on a mutual or cooperative basis,

“(ii) any organization described in paragraph (4) or (6) of section 501(c) and at least 80 percent of the members of which are organizations described in clause (i), and

“(iii) an organization which is a national association of organizations described in clause (i) or (ii).”

Pub. L. 100–647, § 1011(e)(3), amended par. (7) generally. Prior to amendment, par. (7) read as follows: “For purposes of this subsection, the term ‘rural electric cooperative plan’ means any pension plan—

“(A) which is adefined contribution plan (as defined insection 414(i)), and

“(B) which is established and maintained by a rural electric cooperative (as defined insection 457(d)(9)(B)) or a national association of such rural electric cooperatives.”

Subsec. (k)(8)(E), (F).Pub. L. 100–647, § 1011(k)(7), added subpar. (E) and redesignated former subpar. (E) as (F).

Subsec. (k)(10).Pub. L. 100–647, § 1011(k)(1)(B), added par. (10).

Subsec. (l)(2)(B)(i), (ii).Pub. L. 100–647, § 1011(g)(1)(A), substituted “contributed by the employerunder” for “contributed under”.

Subsec. (l)(3)(A)(ii).Pub. L. 100–647, § 1011(g)(1)(B), inserted “attributable to employercontributions” after “basis of benefits”.

Subsec. (l)(5)(C).Pub. L. 100–647, § 1011(g)(2), amended subpar. (C) generally. Prior to amendment, subpar. (C) read as follows: “The term‘average annual compensation’ means the greater of—

“(i) the participant’sfinal average compensation (determined without regard to subparagraph (D)(ii)), or

“(ii) the participant’s highestaverage annual compensation for any other period of at least 3 consecutive years.”

Subsec. (l)(5)(E).Pub. L. 100–647, § 1011(g)(3), substituted “the social security retirement age” for “age 65” in cl. (i) and in two places in cl. (ii), and added cl. (iii).

Subsec. (m)(1).Pub. L. 100–647, § 1011(l)(1), substituted “A defined contribution plan” for “A plan”.

Subsec. (m)(2)(B).Pub. L. 100–647, § 1011(l)(3), substituted “contributions to which this subsection applies are made” for “such contributions are made”.

Subsec. (m)(3).Pub. L. 100–647, § 1011(l)(2), inserted at end “If matching contributionsare taken into account for purposes of subsection (k)(3)(A)(ii) for any plan year, such contributions shall not be taken into account under subparagraph (A) for such year.”

Subsec. (m)(4)(A)(i), (ii).Pub. L. 100–647, § 1011(l)(4), substituted “a defined contribution plan” for “the plan”.

Subsec. (m)(4)(B).Pub. L. 100–647, § 1011(l)(5)(A), substituted “section 402(g)(3)” for “section 402(g)(3)(A)”.

Subsec. (m)(6)(C).Pub. L. 100–647, § 1011(l)(6), substituted“excess aggregate contributions” for“excess contributions” in heading.

Subsec. (m)(7)(A).Pub. L. 100–647, § 1011(l)(7), substituted “paragraph (6)” for “paragraph (8)”.

1987—Subsec. (a)(29).Pub. L. 100–203 added par. (29).

1986—Subsec. (a)(4).Pub. L. 99–514, § 1114(b)(7), amended par. (4) generally. Prior to amendment, par. (4) read as follows: “if the contributions or the benefits provided under the plan do not discriminate in favor of employeeswho are—

“(A) officers,

“(B) shareholders, or

“(C) highly compensated.

For purposes of this paragraph, there shall be excluded from considerationemployees described in section 410(b)(3)(A) and (C).”

Subsec. (a)(5).Pub. L. 99–514, § 1111(b), amended par. (5) generally. Prior to amendment, par. (5) related to conditions which taken alone would not require a classification to be considered discriminatory and means of determining the basic or regular rate of compensationof an employeeand whether two or more plans of an employersatisfy requirements of par. (4) when considered as a single plan.

Subsec. (a)(8).Pub. L. 99–514, § 1119(a), substituted“defined benefit plan” for “pension plan”.

Subsec. (a)(9)(C).Pub. L. 99–514, § 1121(b), amended subpar. (C) generally. Prior to amendment, subpar. (C) read as follows: “For purposes of this paragraph, the term‘required beginning date’ means April 1 of the calendar year following the later of—

“(i) the calendar year in which theemployee attains age 70½, or

“(ii) the calendar year in which theemployee retires.

Clause (ii) shall not apply in the case of anemployee who is a 5-percent owner (as defined in section 416(i)(1)(B)) at any time during the 5-plan-year period ending in the calendar year in which theemployee attains age 70½. If theemployee becomes a 5-percent owner during any subsequent plan year, therequired beginning date shall be April 1 of the calendar year following the calendar year in which such subsequent plan year ends.”

Pub. L. 99–514, § 1852(a)(4)(A), substituted last 2 sentences for “Except as provided in section 409(d), clause (ii) shall not apply in the case of an employeewho is a 5-percent owner (as defined in section 416) with respect to the plan year ending in the calendar year in which the employeeattains 70½.”

Subsec. (a)(9)(G).Pub. L. 99–514, § 1852(a)(6), added subpar. (G).

Subsec. (a)(11)(A)(i).Pub. L. 99–514, § 1898(b)(3)(A), substituted “who does not die before the annuitystarting date” for “who retires under the plan”.

Subsec. (a)(11)(B).Pub. L. 99–514, § 1898(b)(2)(A)(ii), inserted at end “Clause (iii)(III) shall apply only with respect to the transferred assets (and income therefrom) if the plan separately accounts for such assets and any income therefrom.”

Subsec. (a)(11)(B)(iii)(I).Pub. L. 99–514, § 1898(b)(7)(A), inserted “(reduced by any security interest held by the plan by reason of a loan outstanding to such participant)”.

Pub. L. 99–514, § 1898(b)(13)(A), substituted “section 417(a)(2)” for “section 417(a)(2)(A)”.

Subsec. (a)(11)(B)(iii)(III).Pub. L. 99–514, § 1898(b)(2)(A)(i), inserted “(in a transfer afterDecember 31, 1984)”.

Subsec. (a)(11)(D), (E).Pub. L. 99–514, § 1145(a), added subpar. (E) relating to exception for plans described in section 404(c) and redesignated former subpar. (D), relating to cross references, as (E).

Pub. L. 99–514, § 1898(b)(14)(A), added subpar. (D) and redesignated former subpar. (D), relating to cross references, as (E).

Subsec. (a)(17).Pub. L. 99–514, § 1106(d)(1), added par. (17).

Subsec. (a)(20).Pub. L. 99–514, § 1852(b)(8), substituted “qualified total distribution described in section 402(a)(5)(E)(i)(I)” for “qualifying rollover distribution (determined as if section 402(a)(5)(D)(i) did not contain subclause (II) thereof) described in section 402(a)(5)(A)(i) or 403(a)(4)(A)(i)”.

Subsec. (a)(21).Pub. L. 99–514, § 1171(b)(5), struck out par. (21) which read as follows: “A trust forming part of a tax credit employee stock ownership planshall not fail to be considered a permanent program merely because employercontributions under the plan are determined solely by reference to the amount of credit which would be allowable under section 41 if the employermade the transfer described in section 41(c)(1)(B)”.

Subsec. (a)(22).Pub. L. 99–514, § 1899A(10), substituted “If” for “if”.

Pub. L. 99–514, § 1176(a), inserted at end “The requirements of subsection (e) of section 409 shall not apply to any employeesof an employerwho are participants in any defined contribution planestablished and maintained by such employerif the stock of such employeris not publicly traded and the trade or business of such employerconsists of publishing on a regular basis a newspaper for general circulation.”

Subsec. (a)(23).Pub. L. 99–514, § 1174(c)(2)(A), amended par. (23) generally. Prior to amendment, par. (23) read as follows: “A stock bonus plan which otherwise meets the requirements of this section shall not be considered to fail to meet the requirements of this section because it provides a cash distribution option to participants if that option meets the requirements of section 409(h), except that in applying section 409(h) for purposes of this paragraph, the term‘employer securities’ shall include any securities of the employerheld by the plan.”

Subsec. (a)(26).Pub. L. 99–514, § 1112(b), added par. (26).

Subsec. (a)(27).Pub. L. 99–514, § 1136(a), added par. (27).

Subsec. (a)(28).Pub. L. 99–514, § 1175(a)(1), added par. (28).

Subsec. (c)(2)(A)(v).Pub. L. 99–514, § 1848(b), substituted “section 404” for “sections 404 and 405(c)”.

Subsec. (c)(6).Pub. L. 99–514, § 1143(a), added par. (6).

Subsec. (h).Pub. L. 99–514, § 1852(h)(1), substituted“key employee” for “5-percent owner” in two places in par. (6) and amended last sentence generally, substituting “ ‘key employee’ means any employee, who” for “ ‘5-percent owner’ means any employeewho,” and“key employeeas defined in section 416(i)” for “5-percent owner (as defined in section 416(i)(1)(B))”.

Subsec. (k)(1), (2).Pub. L. 99–514, § 1879(g)(1), substituted “, a pre-ERISA money purchase plan, or a rural electric cooperative plan” for “(or a pre-ERISA money purchase plan)”.

Subsec. (k)(2)(B).Pub. L. 99–514, § 1116(b)(1), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: “under which amounts held by the trust which are attributable to employercontributions made pursuant to the employee’s election may not be distributable to participants or other beneficiaries earlier than upon retirement, death, disability, or separation from service (or in the case of a profit sharing or stock bonus plan, hardship or the attainment of age 59½) and will not be distributable merely by reason of the completion of a stated period of participation or the lapse of a fixed number of years; and”.

Subsec. (k)(2)(C).Pub. L. 99–514, § 1852(g)(3), substituted “is nonforfeitable” for “are nonforfeitable”.

Subsec. (k)(2)(D).Pub. L. 99–514, § 1116(b)(2), added subpar. (D).

Subsec. (k)(3).Pub. L. 99–514, § 1116(d)(3), which directed that the last sentence of subpar. (B) be struck out was executed by striking out the last sentence of par. (3) as the probable intent ofCongress because subpar. (B) is composed of only one sentence. Prior to being stricken, such last sentence read as follows: “For purposes of the preceding sentence, the compensationof any employeefor a plan year shall be the amount of his compensationwhich is taken into account under the plan in calculating the contribution which may be made on his behalf for such plan year.”

Subsec. (k)(3)(A).Pub. L. 99–514, § 1116(b)(4), as amended byPub. L. 100–647, § 1011(k)(3)(B), substituted “any highly compensated employee” for “an employee” in concluding provisions.

Pub. L. 99–514, § 1852(g)(2), substituted “If an employeeis a participant under 2 or more cash or deferred arrangements of the employer, for purposes of determining the deferral percentage with respect to such employee, all such cash or deferred arrangements shall be treated as 1 cash or deferred arrangement” for “The deferral percentage taken into account under this subparagraph for any employeewho is a participant under 2 or more cash or deferred arrangements of the employershall be the sum of the deferral percentages for such employeeunder each of such arrangements”.

Subsec. (k)(3)(A)(i).Pub. L. 99–514, § 1112(d)(1), struck out “subparagraph (A) or (B) of” before “section 410(b)(1)”.

Subsec. (k)(3)(A)(ii).Pub. L. 99–514, § 1116(c)(2), substituted “paragraph (5)” for “paragraph (4)”.

Pub. L. 99–514, § 1116(a), substituted “1.25” for “1.5” in subcl. (I), and “2 percentage points” for “3 percentage points” and “2” for “2.5” in subcl. (II).

Subsec. (k)(3)(C).Pub. L. 99–514, § 1852(g)(1), added subpar. (C) relating to treatment of cash or deferred arrangements.

Pub. L. 99–514, § 1116(e), added subpar. (C) relating to employercontributions.

Subsec. (k)(4).Pub. L. 99–514, § 1116(b)(3), added par. (4). Former par. (4) redesignated (5).

Subsec. (k)(5).Pub. L. 99–514, § 1116(b)(3), (d)(1), redesignated former par. (4) as (5) and substituted “the term‘highly compensated employee’ has the meaning given such term by section 414(q)” for “the term‘highly compensated employee’ means any employeewho is more highly compensated than two-thirds of all eligible employees, taking into account only compensationwhich is considered in applying paragraph (3)”. Former par. (5) redesignated (6).

Subsec. (k)(6).Pub. L. 99–514, § 1116(b)(3), redesignated former par. (5) as (6). Former par. (6) redesignated (7).

Pub. L. 99–514, § 1879(g)(2), added par. (6).

Subsec. (k)(7).Pub. L. 99–514, § 1116(b)(3), redesignated former par. (6) as (7).

Subsec. (k)(8).Pub. L. 99–514, § 1116(c)(1), added par. (8).

Subsec. (k)(9).Pub. L. 99–514, § 1116(d)(2), added par. (9).

Subsec. (l).Pub. L. 99–514, § 1111(a), amended subsec. (l) generally, substituting provisions relating to permitted disparity in plan contributions or benefits for provisions relating to nondiscriminatory coordination of defined contribution planswith OASDI.

Subsec. (m).Pub. L. 99–514, § 1117(a), added subsec. (m) and redesignated former subsec. (m) as (n).

Pub. L. 99–514, § 1898(c)(3), added subsec. (m).

Subsec. (n).Pub. L. 99–514, § 1117(a), redesignated former subsec. (m) as (n). Former subsec. (n) redesignated (o).

Pub. L. 99–514, § 1898(c)(3), redesignated subsec. (o) as (n).

Subsec. (o).Pub. L. 99–514, § 1117(a), redesignated former subsec. (n) as (o).

Pub. L. 99–514, § 1898(c)(3), redesignated subsec. (o) as (n).

1984—Subsec. (a)(9).Pub. L. 98–369, § 521(a)(1), amended par. (9) generally, redesignating existing provisions as subpar. (A) and in subpar. (A) as so redesignated struck out “In the case of a plan which provides contributions or benefits for employeessome or all of whom are employeeswithin the meaning of subsection (c)(1)” before “a trust forming part of such plan”, substituted “the plan provides that the entire interest of each employee—” for “, under the plan, the entire interest of each employee—”, redesignated subpars. (A) and (B) as cls. (i) and (ii), respectively, in cl. (i) as so redesignated substituted provisions stating that a qualified planprovides that the entire interest will be distributed to the employeenot later than the beginning date for former provisions which provided alternative dates for providing interest, in cl. (ii) as so redesignated substituted alternate distribution dates to be set in accordance with regulations for former provisions stating that a qualified planshall be distributed not later than the taxable year in which the taxpayer attains age 70½, and struck out the par. following cl. (ii) which provided “A trust shall not be disqualified under this paragraph by reason of distributions under a designation, prior to the date of the enactment of this paragraph, by any employeeunder the plan of which such trust is a part, of a method of distribution which does not meet the terms of the preceding sentence.”, and added subpars. (B) to (F).

Pub. L. 98–369, § 521(a)(2), repealed amendment made byPub. L. 97–248, § 242(a). See 1982 Amendment note below.

Subsec. (a)(10)(B)(iii).Pub. L. 98–369, § 524(d)(1), added cl. (iii).

Subsec. (a)(11).Pub. L. 98–397, § 203(a), amended par. (11) generally, inserting provisions relating to preretirement survivor annuities, and substituting present four subpars. for former eight subpars.

Subsec. (a)(13).Pub. L. 98–397, § 204(a), designated existing provisions as subpar. (A), corrected the margin of subpar. (A), and added subpar. (B).

Subsec. (a)(21).Pub. L. 98–369, § 474(r)(13), substituted provisions relating to the amount of the credit which would be allowable under section 41 if the employermade the transfer described in section 41(c)(1)(B) for former provisions which had related to the amount of credit which would be allowable under section 46(a) if the employermade the transfer described in section 48(n)(1) or under section 44G if the employermade the transfer described in section 44G(c)(1)(B).

Subsec. (a)(22).Pub. L. 98–369, § 491(e)(4), substituted “section 409” for “section 409A”.

Subsec. (a)(23).Pub. L. 98–369, § 491(e)(5), substituted “section 409(h)” for “section 409A(h)” in two places.

Subsec. (a)(24).Pub. L. 98–369, § 211(b)(5), substituted “section 818(a)(6)” for “section 805(d)(6)”.

Subsec. (a)(25).Pub. L. 98–397, § 301(b), added par. (25).

Subsec. (e).Pub. L. 98–369, § 713(d)(3), repealed subsec. (e) which related to contributions for premiums on annuity, etc., contracts.

Subsec. (f)(2).Pub. L. 98–369, § 713(c)(2)(A), substituted “(as defined in section 408(n))” for “(as defined in subsection (d)(1))”.

Subsec. (h)(6).Pub. L. 98–369, § 528(b), added par. (6).

Subsec. (k)(1), (2).Pub. L. 98–369, § 527(b)(1), inserted “(or a pre-ERISA money purchase plan)”.

Subsec. (k)(2)(B).Pub. L. 98–369, § 527(b)(3), substituted “(or in the case of a profit sharing or stock bonus plan, hardship or the attainment of age 59½)” for “, hardship or the attainment of age 59½,”.

Subsec. (k)(3)(A).Pub. L. 98–369, § 527(a), struck out “qualified” before “cash or deferred arrangement”, substituted “shall not be treated as a qualified cash or deferred arrangement unless” for “shall be considered to satisfy the requirements of subsection (a)(4), with respect to the amount of contributions, and of subparagraph (B) of section 410(b)(1) for a plan year if”, designated provisions beginning “those employees” and ending “section 401(b)(1)” as cl. (i) and text following as cl. (ii), redesignated former cls. (i) and (ii) as subcls. (I) and (II) and inserted text following subcl. (II).

Subsec. (k)(5).Pub. L. 98–369, § 527(b)(2), added par. (5).

1983—Subsec. (a)(21).Pub. L. 97–448, § 103(g)(2)(A), designated part of existing provisions as subpar. (A) and added subpar. (B).

Subsec. (c)(2)(A)(vi).Pub. L. 98–21 added cl. (vi).

Subsec. (d)(2).Pub. L. 97–448, § 306(a)(12), substituted “paragraph (1)(B)” for “paragraph (9)(B)”.

Subsec. (d)(5).Pub. L. 97–448, § 103(c)(10)(A), substituted “Subparagraphs (A) and (B) shall not apply to contributions described in subsection (e), and shall not apply to any deductible employeecontribution (as defined in section 72(o)(5))” for “Subparagraphs (A) and (B) do not apply to contributions described in subsection (e)” in second sentence.

Subsec. (j)(3).Pub. L. 97–448, § 103(d)(2), substituted “under subparagraph (A) of paragraph (2) shall be treated as beginning a new period of plan participation with respect only to such change” for “under subparagraph (A) of subsection (j)(2) shall be treated as beginning a new period of plan participation” in last sentence.

1982—Subsec. (a)(9).Pub. L. 97–248, § 242(a), which was repealed byPub. L. 98–369, § 521(a)(2), had amended par. (9) generally, redesignating existing provisions as subpar. (A), in subpar. (A), as so redesignated, struck out preliminary provision which limited the application of this paragraph to plans providing contributions or benefits for employeessome or all of whom were employeeswithin the meaning of subsec. (c)(1), redesignated former subpars. (A) and (B) as cls. (i) and (ii) of subpar. (A), in cl. (i), as so redesignated, substituted reference to a key employeewho is a participant in a top-heavy plan for former reference to owner-employees(within the meaning of subsec. (c)(3)), redesignated former cls. (i) and (ii) of subpar. (B) as subcls. (I) and (II) of cl. (ii), struck out former provision that a trust would not be disqualified under this paragraph by reason of distributions under a designation, prior to the date of the enactment of this paragraph, by any employeeunder the plan of which such trust was a part, of a method of distribution which did not meet the terms of this paragraph, and adding subpar. (B).

Subsec. (a)(10).Pub. L. 97–248, § 237(e)(1), amended par. (10) generally, redesignating subpar. (B) as (A) and striking out former subpar. (A) relating to qualified trust as a trust forming part of such plan, for provisions relating to discriminatory plans with respect to nonapplicability of paragraph (3), the first and second sentences of paragraph (5) andsection 410 of this title.

Subsec. (a)(10)(B).Pub. L. 97–248, § 240(b), added subpar. (B).

Subsec. (a)(17), (18).Pub. L. 97–248, § 237(b), struck out pars. (17) and (18) which related, respectively, to a plan which provides contributions or benefits for employeessome or all of whom are employeeswithin the meaning of subsection (c)(1), or are shareholder-employeeswithin the meaning of section 1379(d), and a trust which is part of a plan providing a defined benefit for employeessome or all of whom are employeeswithin the meaning of subsection (c)(1), or are shareholder-employeeswithin the meaning of section 1379(d).

Subsec. (a)(24).Pub. L. 97–248 added par. (24).

Subsec. (c)(1).Pub. L. 97–248, § 238(d)(1), amended par. (1) generally, substituting in heading“Self-employed individualtreated as employee” for“Employee”, adding subparagraph headings, and substituting provisions defining“employee” and“self-employed individual”, for provisions defining“employee”.

Subsec. (c)(2)(A).Pub. L. 97–248, § 238(d)(2), added cl. (v).

Subsec. (d).Pub. L. 97–248, § 237(a), redesignated pars. (9) to (11) as (1) to (3), respectively. Former pars. (1) to (7), which related to trusts created or organized before or afterOctober 10, 1962, contributions under the plan, benefits under the plan for employees, contributions or benefits under the plan, limitations pursuant to the plan, applicability of requirements of subsec. (a)(4) of this section, and distributions under the plan, respectively, were struck out.

Subsec. (j).Pub. L. 97–248, § 238(b), struck out subsec. (j) which related to general requirements, regulation guidelines, applicable percentage, certain contributions and benefits not taken into account, definitions, and special rules with respect to defined benefit plansproviding benefits for self-employed individualsand shareholder-employees.

Subsecs. (l), (o).Pub. L. 97–248, § 249(a), added subsec. (l) and redesignated former subsec. (l) as (o).

1981—Subsec. (a)(17).Pub. L. 97–34, § 312(b)(1), designated provision relating to the annual compensationof each employeeas subpar. (A), and in subpar. (A) as so designated, substituted “$200,000” for “$100,000”, and added subpar. (B).

Subsec. (a)(22).Pub. L. 97–34, § 338(a), inserted “(other than a profit-sharing plan)” and substituted “if” for “If” and “such plan” for “said plan”.

Subsec. (a)(23).Pub. L. 97–34, § 335, substituted “409A(h), except that in applying section 409A(h) for purposes of this paragraph, the term‘employer securities’ shall include any securities of the employerheld by the plan” for “409A(h)(2)”.

Subsec. (d)(4).Pub. L. 97–34, § 312(e)(2), inserted provision making subpar. (B) inapplicable to any distribution to which section 72(m)(9) applies.

Subsec. (d)(5).Pub. L. 97–34, § 314(a)(1), inserted provision making subpar. (C) inapplicable to a distribution on account of the termination of the plan.

Subsec. (e).Pub. L. 97–34, § 312(c)(2), substituted “for such taxable year exceeds $15,000” for “for all such years exceeds $7,500”.

Subsec. (j).Pub. L. 97–34, § 312(c)(3), (4), substituted in par. (2)(A) “$100,000” for “$50,000” and in par. (3) inserted provision that for purposes of this paragraph, a change in the annual compensationtaken into account under subpar. (A) of subsec. (j)(2) be treated as beginning a new period of plan participation.

1980—Subsec. (a)(2).Pub. L. 96–364, §§ 208(e), 410(b), inserted provisions relating to applicability to multiemployer plansand return of contributions made by a mistake of law or fact, or return of withdrawal liability payment.

Subsec. (a)(4).Pub. L. 96–605, § 225(b)(1), substituted “section 410(b)(3)(A)” for “section 410(b)(2)(A)”.

Subsec. (a)(12).Pub. L. 96–364, § 208(a), substituted provisions relating to applicability to multiemployer planssubject to title IV of theEmployee Retirement Income Security Act of 1974 of provisions of preceding sentence, for provisions relating to applicability of paragraph to multiemployer plansto extent determined by Corporation.

Subsec. (a)(20).Pub. L. 96–222, § 101(a)(14)(E)(iii), substituted “makes a qualifying rollover distribution (determined as if section 402(a)(5)(D)(i) did not contain subclause (II) thereof) described in section 402(a)(5)(A)(i) or 403(a)(4)(A)(i)” for “makes a payment or distribution described in section 402(a)(5)(i) or 403(a)(4)(i)”.

Subsec. (a)(21).Pub. L. 96–222, § 101(a)(7)(L)(i)(V), substituted “a tax credit employee stock ownership plan” for “an ESOP”.

Subsec. (a)(22)(B).Pub. L. 96–222, § 101(a)(9), substituted “are securities” for “as securities”.

Subsec. (a)(23).Pub. L. 96–605, § 221(a), added par. (23).

Subsec. (d)(3)(B).Pub. L. 96–605, § 225(b)(2), substituted in cl. (i) “section 410(b)(3)(A)” for “section 410(b)(2)(A)” and in cl. (ii) “section 410(b)(3)(C)” for “section 410(b)(2)(C)”.

1978—Subsec. (a)(5).Pub. L. 95–600, § 152(e), inserted provision that for purposes of determining whether one or more plans of the employersatisfy the requirements of section 410(b)(4), an employermay take into account all simplified employeepensions to which only the employercontributes.

Subsec. (a)(21).Pub. L. 95–600, § 141(f)(3), substituted “ESOP” for“employeestock option plan which satisfies the requirements of section 301(d) of theTax Reduction Act of 1975” and “section 48(n)(1)” for “subsection (d)(6) or (e)(3) of section 301 of theTax Reduction Act of 1975”.

Subsec. (a)(22).Pub. L. 95–600, § 143(a), added par. (22).

Subsecs. (k), (l).Pub. L. 95–600, § 135(a), added subsec. (k) and redesignated former subsec. (k) as (l).

1976—Subsec. (a).Pub. L. 94–455, §§ 803(b)(2), 1901(a)(56), 1906(b)(13)(A), struck out “or his delegate” after “Secretary” in pars. (5), (11), and (14), substituted references toSept. 2, 1974, for references to the enactment of theEmployee Retirement Income Security Act of 1974 in pars. (12), (13), (15), and (19), added par. (21), and inserted reference to par. (20) in provisions following par. (21), such addition of reference to par. (20) duplicating amendment byPub. L. 94–267, § 1(c)(2).

Pub. L. 94–267, § 1(c)(2), substituted “(19), and (20)” for “and (19)”.

Subsec. (a)(20).Pub. L. 94–267, § 1(c)(1), added par. (20).

Subsecs. (b), (c), (d).Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”.

Subsec. (f).Pub. L. 94–455, § 1505(b), inserted reference to contracts (other than life, health, or accident, property, casualty, or liability insurance contracts) issued by an insurance company qualified to do a business in a State and struck out “or his delegate” after “Secretary”.

Subsecs. (h), (i), (j).Pub. L. 94–455, § 1906(b)(13)(A), struck out “or his delegate” after “Secretary”.

1974—Subsec. (a).Pub. L. 93–406, § 1021(a)(2), inserted provision that paragraphs (11), (12), (13), (14), (15), and (19) shall apply only in the case of a plan to which section 411 (relating to minimum vesting standards) applies without regard to subsection (e)(2) of this section.

Subsec. (a)(3).Pub. L. 93–406, § 1016(a)(2)(A), substituted provisions referring simply to a plan of which the trust is a part and the satisfaction by that plan of the requirements of section 410 (relating to minimum participation standards) for provisions referring to a trust, trusts, or trust or trusts and annuityplan or plans designated by the employeras constituting parts of a plan intended to qualify under subsec. (a) and spelling out the requisite coverage of the plan.

Subsec. (a)(4).Pub. L. 93–406, § 1022(a), struck out provisions referring to persons whose principal duties consist in supervising the work of other employeesand inserted provisions directing the exclusion from consideration of employeesdescribed in section 410(b)(2) (A) and (C).

Subsec. (a)(5).Pub. L. 93–406, §§ 1012(b), 1016(a)(2)(B), inserted provisions covering the determination of whether two or more plans of an employersatisfy the requirements of par. (4) when considered as a single plan and substituted “shall not be considered discriminatory within the meaning of paragraph (4) of section 410(b) (without regard to paragraph (1)(A) thereof)” for “shall not be considered discriminatory within the meaning of paragraph (3)(B) or (4)”.

Subsec. (a)(7).Pub. L. 93–406, § 1016(a)(2)(C), substituted provisions referring simply to the satisfaction by the plan of which a trust is a part of the requirements of section 411 (relating to minimum vesting standards) for provisions spelling out in detail the conditions which the plan had to satisfy in order that the trust forming part of that plan constitute a qualified trust under this section.

Subsec. (a)(10)(A).Pub. L. 93–406, §§ 1022(b)(1), 2001(e)(4), inserted reference to section 410 in provisions preceding cl. (i) and substituted “subsection (e)” for “subsection (e)(3)(A)” in cl. (ii).

Subsec. (a)(11).Pub. L. 93–406, § 1021(a)(1), added par. (11).

Subsec. (a)(12).Pub. L. 93–406, § 1021(b), added par. (12).

Subsec. (a)(13).Pub. L. 93–406, § 1021(c), added par. (13).

Subsec. (a)(14).Pub. L. 93–406, § 1021(d), added par. (14).

Subsec. (a)(15).Pub. L. 93–406, § 1021(e), added par. (15).

Subsec. (a)(16).Pub. L. 93–406, § 2004(a)(1), added par. (16).

Subsec. (a)(17).Pub. L. 93–406, § 2001(c), added par. (17).

Subsec. (a)(18).Pub. L. 93–406, § 2001(d)(1), added par. (18).

Subsec. (a)(19).Pub. L. 93–406, § 1021(f), added par. (19).

Subsec. (b).Pub. L. 93–406, § 1023, substituted reference to the requirements of subsection (a) for the period beginning with the date on which a stock bonus, pension, profit-sharing, or annuityplan was put into effect, or for the period beginning with the earlier of the date on which there was adopted or put into effect any amendment which caused the plan to fail to satisfy such requirements, and ending with the time prescribed by law for filing the return of the employerfor his taxable year in which such plan or amendment was adopted (including extensions thereof) or such later time as the Secretary or his delegate may designate for reference to the requirements of paragraphs (3), (4), (5), and (6) of subsection (a) for the period beginning with the date on which a stock bonus, pension, profit-sharing, or annuityplan was put into effect and ending with the 15th day of the third month following the close of the taxable year of the employerin which the plan was put in effect.

Subsec. (d)(1).Pub. L. 93–406, § 1022(c), (f), substituted “October 10, 1962” for “the date of the enactment of this subsection” and “assets thereof are held by a bankor other person who demonstrates to the satisfaction of the Secretary or his delegate that the manner in which he will administer the trust will be consistent with the requirements of this section. A trust shall not be disqualified under this paragraph merely because a person (including the employer) other than the trustee or custodian so administering the trust” for “trustee is a bank, but a person (including the employer) other than a bank” and inserted reference to an insured credit union (within the meaning of section 101(6) of theFederal Credit Union Act) in definition of“bank”.

Subsec. (d)(3).Pub. L. 93–406, § 1022(b)(2), inserted reference to the section 410(a)(3) definition of “years of service” and substituted reference to employeesincluded in a unit of employeescovered by a collective-bargaining agreement described in section 410(b)(2)(A) and employeeswho are nonresident aliens described in section 410(b)(2)(C) for reference to employeeswhose customary employment was for not more than 20 hours in any one week or was for not more than 5 months in any calendar year.

Subsec. (d)(4)(B).Pub. L. 93–406, § 2001(h)(1), inserted “in excess of contributions made by an owner-employeeas an employee” after “benefits”.

Subsec. (d)(5).Pub. L. 93–406, § 2001(e)(1), substituted “Subparagraphs (A) and (B) do not apply to contributions described in subsection (e)” for “Subparagraphs (A) and (B) shall not apply to any contribution which is not considered to be an excess contribution (as defined in subsection (e)(1)) by reason of the application of subsection (e)(3)”.

Subsec. (d)(8).Pub. L. 93–406, § 2001(e)(2), struck out par. (8) covering excess contributions.

Subsec. (e).Pub. L. 93–406, § 2001(e)(3), struck out pars. (1) and (2) which defined and described the effect of excess contributions, redesignated par. (3) as the entire subsec. (e) and in provisions as thus carried forward as the entire subsec. (e) substituted “$7,500” for “$2,500” and inserted references to section 4972(b).

Subsec. (f).Pub. L. 93–406, § 1022(d), expanded provisions to cover annuitycontracts.

Subsecs. (j), (k).Pub. L. 93–406, § 2001(d)(2), added subsec. (j) and redesignated former subsec. (j) as (k).

1971—Subsec. (i).Pub. L. 91–691 struck out “multi-employer” before “pension plans” in heading, and substituted “one or more employers” for “two or more employerswho are not related (determined under regulations prescribed by the Secretary or his delegate)” in par. (1).

1966—Subsec. (a)(10)(A)(ii).Pub. L. 89–809, § 204(b)(1)(A), struck out “(determined without regard to section 404(a)(10))” after “deducted under section 404”.

Subsec. (c)(2)(A).Pub. L. 89–809, § 204(c), struck out “to the extent that such net earnings constitute earned income(as defined in section 911(b) but determined with the application of subparagraph (B))” after “The term‘earned income’ means the net earnings from self-employment (as defined in section 1402(a))”, added cl. (i) and redesignated former cls. (i) to (ii) as (ii) to (iv), respectively, and struck out references to section 911(b) and subparagraph (B), as in effect for a taxable year beginning onJanuary 1, 1963, in text following cl. (iv).

Subsec. (c)(2)(B).Pub. L. 89–809, § 204(c), struck out subpar. (B) relating to earned incomewhen both personal services and capital are material income-producing factors. See subsec. (c)(2)(A)(i).

Subsec. (c)(2)(C).Pub. L. 89–809, § 205(a), added subpar. (C).

Subsecs. (d)(5)(A), (B), (d)(6)(A), (e)(1)(A), (B)(i), (3).Pub. L. 89–809, § 204(b)(1)(B) to (E), struck out “(determined without regard to section 404(a)(10))” wherever appearing.

1965—Subsec. (d)(4)(B).Pub. L. 89–97 substituted “section 72(m)(7)” for “section 213(g)(3)”.

1964—Subsecs. (i), (j).Pub. L. 88–272 added subsec. (i) and redesignated former subsec. (i) as (j).

1962—Subsec. (a)(5).Pub. L. 87–792, § 2(1), inserted provisions defining total compensationfor purposes of par. (5) and par. (10) of this subsection.

Subsec. (a)(7) to (10).Pub. L. 87–792, § 2(2), added pars. (7) to (10).

Subsecs. (c) to (g).Pub. L. 87–792, § 2(3), added subsecs. (c) to (g). Former subsec. (c) redesignated (h).

Subsec. (h).Pub. L. 87–863 added subsec. (h). Former subsec. (h) redesignated (i).

Pub. L. 87–792, § 2(3), redesignated former subsec. (c) as (h).

Subsec. (i).Pub. L. 87–863 redesignated former subsec. (h) as (i).

Pub. L. 117–328, div. T, title I, § 107(e),Dec. 29, 2022,136 Stat. 5289, provided that:

Pub. L. 117–328, div. T, title I, § 110(h),Dec. 29, 2022,136 Stat. 5293, provided that:

Pub. L. 117–328, div. T, title I, § 113(e),Dec. 29, 2022,136 Stat. 5296, provided that:

Pub. L. 117–328, div. T, title I, § 116(c),Dec. 29, 2022,136 Stat. 5299, provided that:

Pub. L. 117–328, div. T, title I, § 117(h),Dec. 29, 2022,136 Stat. 5301, provided that:

Pub. L. 117–328, div. T, title I, § 121(d),Dec. 29, 2022,136 Stat. 5311, provided that:

Pub. L. 117–328, div. T, title I, § 123(b),Dec. 29, 2022,136 Stat. 5314, provided that:

Pub. L. 117–328, div. T, title I, § 125(f),Dec. 29, 2022,136 Stat. 5316, provided that:

Pub. L. 117–328, div. T, title II, § 201(b),Dec. 29, 2022,136 Stat. 5331, provided that:

Pub. L. 117–328, div. T, title III, § 304(b),Dec. 29, 2022,136 Stat. 5341, provided that:

Pub. L. 117–328, div. T, title III, § 312(d),Dec. 29, 2022,136 Stat. 5348, provided that:

Pub. L. 117–328, div. T, title III, § 316(b),Dec. 29, 2022,136 Stat. 5352, provided that:

Pub. L. 117–328, div. T, title III, § 317(b),Dec. 29, 2022,136 Stat. 5352, provided that:

Pub. L. 117–328, div. T, title III, § 327(c),Dec. 29, 2022,136 Stat. 5360, provided that:

Amendment by section 334(a), (b)(1) ofPub. L. 117–328 applicable to distributions made after the date which is 3 years afterDec. 29, 2022, seesection 334(e) of Pub. L. 117–328, set out as a note undersection 72 of this title.

Pub. L. 117–328, div. T, title III, § 337(c),Dec. 29, 2022,136 Stat. 5373, provided that:

Amendment by section 401(a)(1), (2), (b)(2), (3) ofPub. L. 117–328 effective as if included in the section of div. O ofPub. L. 116–94 to which the amendment relates, seesection 401(c) of Pub. L. 117–328, set out as a note undersection 72 of this title.

Pub. L. 116–260, div. EE, title II, § 208(b),Dec. 27, 2020,134 Stat. 3066, provided that:

Pub. L. 116–136, div. A, title II, § 2203(c),Mar. 27, 2020,134 Stat. 344, as amended byPub. L. 117–328, div. T, title V, § 501(c)(2)(B),Dec. 29, 2022,136 Stat. 5389, provided that:

Pub. L. 116–94, div. M, § 104(c),Dec. 20, 2019,133 Stat. 3095, provided that:

Pub. L. 116–94, div. O, title I, § 102(b),Dec. 20, 2019,133 Stat. 3146, provided that:

Pub. L. 116–94, div. O, title I, § 103(d),Dec. 20, 2019,133 Stat. 3147, provided that:

Pub. L. 116–94, div. O, title I, § 109(e),Dec. 20, 2019,133 Stat. 3152, provided that:

Pub. L. 116–94, div. O, title I, § 112(b),Dec. 20, 2019,133 Stat. 3154, as amended byPub. L. 117–328, div. T, title I, § 125(d),Dec. 29, 2022,136 Stat. 5315, provided that:

Pub. L. 116–94, div. O, title I, § 114(d),Dec. 20, 2019,133 Stat. 3156, provided that:

Pub. L. 116–94, div. O, title II, § 201(b),Dec. 20, 2019,133 Stat. 3162, provided that:

Pub. L. 116–94, div. O, title II, § 205(c),Dec. 20, 2019,133 Stat. 3173, provided that:

Pub. L. 116–94, div. O, title IV, § 401(b),Dec. 20, 2019,133 Stat. 3178, provided that:

Pub. L. 115–123, div. D, title II, § 41114(c),Feb. 9, 2018,132 Stat. 161, provided that:

Amendment byPub. L. 113–295 effectiveDec. 19, 2014, subject to a savings provision, seesection 221(b) of Pub. L. 113–295, set out as a note undersection 1 of this title.

Pub. L. 113–97, § 3,Apr. 7, 2014,128 Stat. 1101, provided that:

Pub. L. 111–192, title II, § 202(c)(1),June 25, 2010,124 Stat. 1299, provided that:

Amendment by sections 101(d)(2)(A)–(C) and 109(a)–(b)(2) ofPub. L. 110–458 effective as if included in the provisions ofPub. L. 109–280 to which the amendment relates, except as otherwise provided, seesection 112 of Pub. L. 110–458, set out as a note undersection 72 of this title.

Pub. L. 110–458, title II, § 201(c),Dec. 23, 2008,122 Stat. 5117, provided that:

Pub. L. 110–245, title I, § 104(d),June 17, 2008,122 Stat. 1627, provided that:

Pub. L. 109–280, title I, § 114(g), as added byPub. L. 110–458, title I, § 101(d)(3),Dec. 23, 2008,122 Stat. 5099, provided that:

Amendment bysection 827(b)(1) of Pub. L. 109–280 applicable to distributions afterSept. 11, 2001, with waiver of limitations if refund or credit of overpayment of tax resulting from such amendment is prevented before the close of the 1-year period beginning onAug. 17, 2006, seesection 827(c) of Pub. L. 109–280, set out as a note undersection 72 of this title.

Pub. L. 109–280, title VIII, § 861(c),Aug. 17, 2006,120 Stat. 1021, provided that:

Pub. L. 109–280, title IX, § 901(c),Aug. 17, 2006,120 Stat. 1032, provided that:

Pub. L. 109–280, title IX, § 902(g),Aug. 17, 2006,120 Stat. 1039, provided that:

Pub. L. 109–280, title IX, § 905(c),Aug. 17, 2006,120 Stat. 1051, provided that:

Pub. L. 108–311, title IV, § 407(c),Oct. 4, 2004,118 Stat. 1190, provided that:

Amendment byPub. L. 107–147 effective as if included in the provisions of theEconomic Growth and Tax Relief Reconciliation Act of 2001,Pub. L. 107–16, to which such amendment relates, seesection 411(x) of Pub. L. 107–147, set out as a note undersection 25B of this title.

Amendment by section 611(c), (f)(3), (g)(1) ofPub. L. 107–16 applicable to years beginning afterDec. 31, 2001, seesection 611(i)(1) of Pub. L. 107–16, set out as a note undersection 415 of this title.

Amendment bysection 641(e)(3) of Pub. L. 107–16 applicable to distributions afterDec. 31, 2001, seesection 641(f)(1) of Pub. L. 107–16, set out as a note undersection 402 of this title.

Pub. L. 107–16, title VI, § 643(d),June 7, 2001,115 Stat. 123, provided that:

Pub. L. 107–16, title VI, § 646(b),June 7, 2001,115 Stat. 126, provided that:

Pub. L. 107–16, title VI, § 657(d),June 7, 2001,115 Stat. 137, provided that:

Pub. L. 107–16, title VI, § 666(b),June 7, 2001,115 Stat. 144, provided that:

Amendment byPub. L. 106–554 effective as if included in the provisions of theSmall Business Job Protection Act of 1996,Pub. L. 104–188, to which such amendment relates, see section 1(a)(7) [title III, § 316(e)] ofPub. L. 106–554, set out as a note undersection 51 of this title.

Pub. L. 105–34, title XV, § 1502(c),Aug. 5, 1997,111 Stat. 1061, provided that:

Pub. L. 105–34, title XV, § 1505(d),Aug. 5, 1997,111 Stat. 1064, as amended byPub. L. 105–206, title VI, § 6015(b),July 22, 1998,112 Stat. 820;Pub. L. 109–280, title VIII, § 861(a)(2),Aug. 17, 2006,120 Stat. 1021, provided that:

Pub. L. 105–34, title XV, § 1525(b),Aug. 5, 1997,111 Stat. 1072, provided that:

Pub. L. 105–34, title XV, § 1530(d),Aug. 5, 1997,111 Stat. 1080, provided that:

Amendment by section 1601(d)(2)(A), (B), (3) ofPub. L. 105–34 effective as if included in the provisions of theSmall Business Job Protection Act of 1996,Pub. L. 104–188, to which it relates, and amendment bysection 1601(d)(2)(D) of Pub. L. 105–34 applicable to calendar years beginning afterAug. 5, 1997, seesection 1601(j) of Pub. L. 105–34, set out as a note undersection 23 of this title.

Amendment by section 1401(b)(5), (6) ofPub. L. 104–188 applicable to taxable years beginning afterDec. 31, 1999, with retention of certain transition rules, seesection 1401(c) of Pub. L. 104–188, set out as a note undersection 402 of this title.

Pub. L. 104–188, title I, § 1404(b),Aug. 20, 1996,110 Stat. 1792, provided that:

Pub. L. 104–188, title I, § 1422(c),Aug. 20, 1996,110 Stat. 1801, provided that:

Pub. L. 104–188, title I, § 1426(b),Aug. 20, 1996,110 Stat. 1802, provided that:

Amendment bysection 1431(b)(2) of Pub. L. 104–188 applicable to years beginning afterDec. 31, 1996, and amendment bysection 1431(c)(1)(B) of Pub. L. 104–188 applicable to years beginning afterDec. 31, 1996, except that in determining whether an employeeis a highly compensated employeefor years beginning in 1997, amendment by section 1431(c)(1)(B) to be treated as having been in effect for years beginning in 1996, seesection 1431(d) of Pub. L. 104–188, set out as a note undersection 414 of this title.

Pub. L. 104–188, title I, § 1432(c),Aug. 20, 1996,110 Stat. 1804, provided that:

Pub. L. 104–188, title I, § 1433(f),Aug. 20, 1996,110 Stat. 1807, provided that:

Pub. L. 104–188, title I, § 1441(b),Aug. 20, 1996,110 Stat. 1808, provided that:

Pub. L. 104–188, title I, § 1443(c),Aug. 20, 1996,110 Stat. 1809, provided that:

Pub. L. 104–188, title I, § 1445(b),Aug. 20, 1996,110 Stat. 1811, provided that:

Pub. L. 104–188, title I, § 1459(c),Aug. 20, 1996,110 Stat. 1820, provided that:

Pub. L. 103–465, title VII, § 732(e),Dec. 8, 1994,108 Stat. 5005, provided that:

Pub. L. 103–465, title VII, § 751(b),Dec. 8, 1994,108 Stat. 5022, provided that:

Pub. L. 103–465, title VII, § 766(d),Dec. 8, 1994,108 Stat. 5037, provided that:

Amendment bysection 776(d) of Pub. L. 103–465 effective with respect to distributions that occur in plan years commencing on or afterJan. 1, 1996, seesection 776(e) of Pub. L. 103–465, set out as a note undersection 1056 of Title 29, Labor.

Pub. L. 103–465, title VII, § 781,Dec. 8, 1994,108 Stat. 5050, provided that:

Pub. L. 103–66, title XIII, § 13212(d),Aug. 10, 1993,107 Stat. 472, provided that:

Amendment by section 521(b)(5)–(8) ofPub. L. 102–318 applicable to distributions afterDec. 31, 1992, seesection 521(e) of Pub. L. 102–318, set out as a note undersection 402 of this title.

Pub. L. 102–318, title V, § 522(d),July 3, 1992,106 Stat. 315, provided that:

Amendment byPub. L. 101–508 applicable to transfers in taxable years beginning afterDec. 31, 1990, seesection 12011(c)(1) of Pub. L. 101–508, set out as an Effective Date note undersection 420 of this title.

Pub. L. 101–239, title VII, § 7311(b),Dec. 19, 1989,103 Stat. 2354, provided that:

Amendment by sections 7811(g)(1), (h)(3) and 7816(l) ofPub. L. 101–239 effective, except as otherwise provided, as if included in the provision of theTechnical and Miscellaneous Revenue Act of 1988,Pub. L. 100–647, to which such amendment relates, seesection 7817 of Pub. L. 101–239, set out as a note undersection 1 of this title.

Pub. L. 101–239, title VII, § 7882,Dec. 19, 1989,103 Stat. 2445, provided that:

Amendment byPub. L. 101–140 effective as if included insection 1151 of Pub. L. 99–514, seesection 203(c) of Pub. L. 101–140, set out as a note undersection 79 of this title.

Pub. L. 100–647, title I, § 1011(c)(7)(E),Nov. 10, 1988,102 Stat. 3458, provided that:

Pub. L. 100–647, title I, § 1011(k)(1)(C),Nov. 10, 1988,102 Stat. 3469, provided that:

Pub. L. 100–647, title I, § 1011(l)(5)(B),Nov. 10, 1988,102 Stat. 3470, provided that:

Amendment by sections 1011(d)(4), (e)(3), (g)(1)–(3), (h)(3), (k)(1)(A), (B), (2)–(7), (9), (l)(1)–(4), (6), (7), 1011A(j), (l), and 1011B(j)(1), (2), (6), (k)(1), (2) ofPub. L. 100–647 effective, except as otherwise provided, as if included in the provision of theTax Reform Act of 1986,Pub. L. 99–514, to which such amendment relates, seesection 1019(a) of Pub. L. 100–647, set out as a note undersection 1 of this title.

Pub. L. 100–647, title VI, § 6053(b),Nov. 10, 1988,102 Stat. 3696, provided that:

Pub. L. 100–647, title VI, § 6055(b),Nov. 10, 1988,102 Stat. 3697, provided that:

Pub. L. 100–647, title VI, § 6071(d),Nov. 10, 1988,102 Stat. 3705, provided that:

Pub. L. 100–203, title IX, § 9341(c),Dec. 22, 1987,101 Stat. 1330–371, as amended byPub. L. 101–239, title VII, § 7881(i)(5),Dec. 19, 1989,103 Stat. 2442, provided that:

Amendment bysection 1106(d)(1) of Pub. L. 99–514 applicable to benefits accruing in years beginning afterDec. 31, 1988, except as otherwise provided, seesection 1106(i)(5) of Pub. L. 99–514, set out as a note undersection 415 of this title.

Pub. L. 99–514, title XI, § 1111(c),Oct. 22, 1986,100 Stat. 2440, as amended byPub. L. 100–647, title I, § 1011(g)(4),Nov. 10, 1988,102 Stat. 3464, provided that:

Pub. L. 99–514, title XI, § 1112(e),Oct. 22, 1986,100 Stat. 2445, as amended byPub. L. 100–647, title I, § 1011(h)(6)–(9),Nov. 10, 1988,102 Stat. 3465, provided that:

Amendment bysection 1114(b)(7) of Pub. L. 99–514 applicable to years beginning afterDec. 31, 1988, seesection 1114(c)(3) of Pub. L. 99–514, set out as a note undersection 414 of this title.

Pub. L. 99–514, title XI, § 1116(f),Oct. 22, 1986,100 Stat. 2457, as amended byPub. L. 100–647, title I, § 1011(k)(8), (10),Nov. 10, 1988,102 Stat. 3470, provided that:

Pub. L. 99–514, title XI, § 1117(d),Oct. 22, 1986,100 Stat. 2462, as amended byPub. L. 100–647, title I, § 1011(l)(12),Nov. 10, 1988,102 Stat. 3471, provided that:

Pub. L. 99–514, title XI, § 1119(b),Oct. 22, 1986,100 Stat. 2463, provided that:

Pub. L. 99–514, title XI, § 1121(d),Oct. 22, 1986,100 Stat. 2465, as amended byPub. L. 100–647, title I, § 1011A(a)(3), (4),Nov. 10, 1988,102 Stat. 3472, provided that:

Pub. L. 99–514, title XI, § 1136(c),Oct. 22, 1986,100 Stat. 2486, provided that:

Pub. L. 99–514, title XI, § 1143(b),Oct. 22, 1986,100 Stat. 2490, provided that:

Pub. L. 99–514, title XI, § 1145(d),Oct. 22, 1986,100 Stat. 2491, provided that:

Amendment bysection 1171(b)(5) of Pub. L. 99–514 applicable to compensationpaid or accrued afterDec. 31, 1986, in taxable years ending after such date, except as otherwise provided, seesection 1171(c) of Pub. L. 99–514, set out as a note undersection 38 of this title.

Pub. L. 99–514, title XI, § 1174(c)(2)(B),Oct. 22, 1986,100 Stat. 2518, provided that:

Pub. L. 99–514, title XI, § 1175(a)(2),Oct. 22, 1986,100 Stat. 2519, provided that:

Pub. L. 99–514, title XI, § 1176(c),Oct. 22, 1986,100 Stat. 2520, provided that:

Pub. L. 99–514, title XVIII, § 1852(h)(1),Oct. 22, 1986,100 Stat. 2869, as amended byPub. L. 100–647, title I, § 1018(t)(3)(C),Nov. 10, 1988,102 Stat. 3588, provided that the amendment made by that section is effective for years beginning afterDec. 31, 1985.

Pub. L. 99–514, title XVIII, § 1879(g)(3),Oct. 22, 1986,100 Stat. 2907, provided that:

Amendment by sections 1848(b) and 1852(a)(4)(A), (6), (b)(8), (g), (h)(1) ofPub. L. 99–514 effective, except as otherwise provided, as if included in the provisions of theTax Reform Act of 1984,Pub. L. 98–369, div. A, to which such amendment relates, seesection 1881 of Pub. L. 99–514, set out as a note undersection 48 of this title.

Pub. L. 99–514, title XVIII, § 1898(j),Oct. 22, 1986,100 Stat. 2957, provided that:

Amendment bysection 203(a) of Pub. L. 98–397 applicable to plan years beginning afterDec. 31, 1984, amendment bysection 204(a) of Pub. L. 98–397 effectiveJan. 1, 1985, and amendment bysection 301(b) of Pub. L. 98–397 applicable to plan amendments made afterJuly 30, 1984, but not applicable to the termination of a certain defined benefit plan, except as otherwise provided, see sections 302 and 303 ofPub. L. 98–397, set out as a note undersection 1001 of Title 29, Labor.

Nothing in amendment bysection 203(a) of Pub. L. 98–397 to prevent any distribution required by reason of a failure to comply with the terms of a loan made on or beforeAug. 18, 1985, and secured by a portion of the participant’s accrued benefit, seesection 1898(b)(4)(C)(ii) of Pub. L. 99–514, set out as an Effective Date of 1986 Amendment note undersection 417 of this title.

Amendment bysection 211(b)(5) of Pub. L. 98–369 applicable to taxable years beginning afterDec. 31, 1983, seesection 215 of Pub. L. 98–369, set out as an Effective Date note undersection 801 of this title.

Amendment bysection 474(r)(13) of Pub. L. 98–369 applicable to taxable years beginning afterDec. 31, 1983, and to carrybacks from such years, seesection 475(a) of Pub. L. 98–369, set out as a note undersection 21 of this title.

Pub. L. 98–369, div. A, title IV, § 491(f)(3),July 18, 1984,98 Stat. 853, provided that:

Pub. L. 98–369, div. A, title V, § 521(e),July 18, 1984,98 Stat. 868, as amended byPub. L. 99–514, § 2,Oct. 22, 1986,100 Stat. 2095, provided that: