Cal. Code Regs. tit. 2 § 599.164

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 599.164 - Minimum Required Distributions

Notwithstanding any other provision of the plan to the contrary, in complying with the requirements of Section 20731 of the Government Code, distributions from the plan shall be made in accordance with a reasonable and good faith interpretation of Section 401(a)(9) of the Internal Revenue Code, including the incidental death benefit requirement in Section 401(a)(9)(G) and the Treasury Regulations thereunder, pursuant to 26 C.F.R. part 1.401(a)(9)-1, Q&A-2(d).

Cal. Code Regs. Tit. 2, § 599.164

1. New section filed 2-23-2015; operative 4-1-2015 (Register 2015, No. 9).

Note: Authority cited: Sections 9353, 9354.1 and 20121, Government Code. Reference: Sections 9353, 9354.1 and 20731, Government Code; Section 401(a)(9), Title 26, United States Code; and 26 C.F.R. part 1.401(a)(9)-1, Q&A-2(d).

1. New section filed 2-23-2015; operative 4/1/2015 (Register 2015, No. 9).