EMPLOYEE PLANS

T.D. 8738, page 4. REG–243025–96, page 25. Temporary and proposed regulations under section 125 of the Code provide guidance on the circumstances under which a cafeteria plan participant may revoke an existing election and make a new election during a period of coverage.

Notice 97–74, page 18. Weighted average interest rate update. Guidelines are set for determining for December 1997, the weighted average interest rate and the resulting permissible range of interest rates used to calculate current liability for purposes of the full funding limitation of section 412(c)(7) of the Code as amended by the Omnibus Budget Reconciliation Act of 1987 and by the Uruguay Round Agreements Act (GATT).

Notice 97–75, page 18. Minimum distributions; age 70 ¹ ⁄2; SBJPA. This notice sets forth additional guidance with respect to the amendments to the minimum distribution rules of section 401(a)(9) of the Code made by section 1404 of the Small Business Job Protection Act of 1996.

Finding Lists begin on page 31.

Department of the Treasury Internal Revenue Service