The NAPPA Report: Treasury-IRS Regulatory Project Definition of Governmental Plan

By Anthony J. Roda

In November 2011, the Department of the Treasury and Internal Revenue Service (IRS) released an Advance Notice of Proposed Rulemaking (ANPRM) announcing their intention to issue regulations defining the term “governmental plan” under Internal Revenue Code (IRC) Section 414(d). The ANPRM included a draft proposed rule and invited public comment.

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