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TREAS/IRS RIN: 1545-BO82 Publication ID: Spring 2019 
Title: Hardship Distributions From 401(k) Plans 
Abstract:

Regulatory action to modify the rules relating to hardship distributions from 401(k) plans in order to reflect statutory changes in the Bipartisan Budget Act of 2018.

 
Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Other 
CFR Citation: 26 CFR 1.401(k)-1   
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 401(m)(9)   
Legal Deadline:
Action Source Description Date
NPRM  Statutory  Bipartisan Budget Act of 2018  02/09/2019 

Overall Description of Deadline: Section 41113 of the Bipartisan Budget Act of 2018, Pub. L. 115-123, requires the Secretary of the Treasury to modify 26 CFR 1.401(k)-1(d)(3)(iv)(E) not later than one year after the date of enactment of the Act. The Act was signed into law February 9, 2018.

Timetable:
Action Date FR Cite
NPRM  11/14/2018  83 FR 56763   
NPRM Comment Period End  01/14/2019 
Final Action  11/00/2019 
Additional Information: REG-107813-18 (NPRM) Drafter attorney: Roger Kuehnle (202) 317-6349 Reviewer attorney: Joyce Kahn (202) 317-3346 Treasury attorney: Bill Evans (202) 622-1332 CC:EEE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Roger S. Kuehnle
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 317-6349
Email: roger.s.kuehnle@irscounsel.treas.gov