PART VII. EFFECT ON OTHER DOCUMENTS; EFFECTIVE DATE; PAPERWORK REDUCTION ACT
SECTION 15. EFFECT ON OTHER DOCUMENTS
Internal Revenue Bulletin 2001-7 · 2026-10-03 edition · updated 2026-10-04 · United States
.01 Revenue procedures modified and superseded . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..p. 611 .02 Rev. Proc. 2001–8 modified . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p. 611
SECTION 16. EFFECTIVE DATE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p. 611
SECTION 17. PAPERWORK REDUCTION ACT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p. 611
DRAFTING INFORMATION
APPENDIX A: OPERATIONAL FAILURES AND CORRECTIONS UNDER VCS
.01 General Rule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p. 612 .02 Failure to properly provide the minimum top-heavy benefit under § 416 of the Code
to non-key employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p. 612 .03 Failure to satisfy the ADP test set forth in § 401(k)(3), the ACP test set forth in
§ 401(m)(2), or the multiple use test of § 401(m)(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p. 612
2001–7 I.R.B. 591 February 12, 2001
.04 Failure to distribute elective deferrals in excess of the § 402(g) limit (in
contravention of § 401(a)(30)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p. 612 .05 Exclusion of an eligible employee from all contributions or accruals under the plan for
one or more plan years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p. 612 .06 Failure to timely pay the minimum distribution required under § 401(a)(9) . . . . . . . . . . . . . . . . . . . . . . . . . p. 612 .07 Failure to obtain participant and/or spousal consent for a distribution subject to the
participant and spousal consent rules under §§ 401(a)(11), 411(a)(11), and 417 . . . . . . . . . . . . . . . . . . . . . p. 612 .08 Failure to satisfy the § 415 limits in a defined contribution plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . p. 613
APPENDIX B: CORRECTION METHODS AND EXAMPLES; EARNINGS ADJUSTMENT METHODS AND EXAMPLES
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