EMPLOYEE PLANS

REG–130477–00 and REG–130481–00, page 865. Proposed regulations under sections 457 and 403(b) of the Code provide comprehensive rules for determining required minimum distributions for qualified plans, tax-sheltered annuities, and individual retirement plans. This is the corrected

(Continued on the next page)

version of the proposed regulations published in the Federal Register on January 17, 2001. A public hearing is scheduled for June 1, 2001.

Notice 2001–20, page 818. Weighted average interest rate update. The weighted average interest rate for February 2001 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 are set forth.