Miscellaneous Pension Protection Act Changes
January 11, 2007

Notice 2007-7 - Miscellaneous Pension Protection Act Changes was released yesterday and provides guidance on some of the PPA provisions in a Q&A format. Here are the provisions covered:

Interest rate assumptions for lump sum distributions
Hardship distributions
Early distributions to public safety employees
Rollovers for nonspouse beneficiaries
Distributions to pay for accident or health insurance for public safety officers
Relating to vesting of nonelective contributions
The notice and consent period for distributions
Distributions from IRAs to charitable organizations

Plansponsor.com has a brief summary of some of the provisions.