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PART II. DESCRIPTION OF PROPOSED METHOD OF CORRECTION

Internal Revenue Bulletin 2008-35 · 2026-10-03 edition · updated 2026-10-04 · United States

□ Section 403(b) Plans

  1. All contributions under the plan ceased as o f . (Insert date beginning no later than the date the application under VCP was filed.)

  2. No new employee or employer contributions will be permitted in the future.

  3. The assets in the plan will remain in the trust, annuity contract, or custodial account and will be distributed no earlier than the occurrence of one of the permitted events under § 403(b)(7) or § 403(b)(11).

Exceptions & meaning →

□ Section 401(k) Plans

  1. All contributions under the plan ceased as o f . (Insert date beginning no later than the date the application under VCP was filed.)

  2. No new employee or employer contributions will be permitted in the future.

  3. The assets in the plan will remain in the trust, annuity contract, or custodial account and will be distributed no earlier than the occurrence of one of the permitted events under § 401(k).

Exceptions & meaning →

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▸Contents — Internal Revenue Bulletin 2008-35
Internal Revenue Bulletin 2008-35

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