Skip to main content
Find a Lawyer

IRS Issues New “Safe Harbor” Pension Distribution Notice

This article was edited and reviewed by FindLaw Attorney Writers

| Last reviewed
Legally Reviewed

This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw’s team of legal writers and attorneys and in accordance with our editorial standards.

Fact-Checked

The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area.

The Internal Revenue Code requires pension plan administrators to inform plan participants of the income tax options available to them in advance of receiving a distribution which might be rolled over to another plan or an IRA. A written notice must be given to such participants no more than 90 days and no fewer than 30 days before such a distribution.

The IRS is required by law to provide taxpayers with a model notice which fulfills this Code requirement. The Service has recently issued an updated model "Special Tax Notice Regarding Plan Payments" in IRS Notice 2000-11. The notice is available over the Internet at www.fedworld.gov/pub/irs-regs/no200011.pdf or call Jim Buschmann at our Detroit office for a faxed copy.

Was this helpful?

Copied to clipboard