,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #ehcb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #c1 #bjba,ms4
 ,bonamici introduc$ ! foll[+ bill2 :i* 
0 ref]r$ to ! ,committee on ,ways &     
,means1 & 9 addition to ! ,committee on 
,education & ,labor1 = a p]iod to be    
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to e/abli% !       
,retirem5t ,sav+s ,lo/ & ,f\nd1 & = o!r 
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,retirem5t ,sav+s ,lo/ &   
,f\nd ,act ( #bjba4  #b4 ,retirem5t     
,sav+s ,lo/ & ,f\nd  7a7 ,9 g5]al  7#a7 
,e/abli%m5t ( retirem5t sav+s lo/ & f\nd
 ,subtitle ,c ( title ,,iv ( ! ,employee
 ,retirem5t ,income ,security ,act (    
#aigd 7#bi ,u4,s4,c4 #acda et seq47 is  
am5d$ by add+ at ! end ! foll[+3  #djea4
 ,retirem5t ,sav+s ,lo/ & ,f\nd  7a7    
,e/abli%m5t  7#a7 ,9 g5]al ,n lat] ?an  
#c ye>s aft] ! date ( ! enactm5t ( ?is  
section1 ! ,secret>y1 9 consultation ) !

 ,secret>y ( ! ,treasury1 %all e/abli%  
an onl9e se>*able database 7to be manag$
 by ! ,secret>y 9 accordance ) ?is      
section7 to be kn[n z ! ,retirem5t      
,sav+s ,lo/ & ,f\nd4 ,! ,retirem5t      
,sav+s ,lo/ & ,f\nd %all-- 7,a7 all[ an 
individual to se>* = in=mation t enables
 ! individual to locate ! adm9i/rator ( 
any plan describ$ 9 p>agraph 7#b7 )     
respect to :i* ! individual is or 0 a   
p>ticipant or b5efici>y1 & to provide   
contact in=mation = ! adm9i/rator ( any 
su* plan2  7,b7 all[ ! ,secret>y to     
assi/ su* an individual 9 locat+ any su*
 plan ( ! individual2 &  7,c7 all[ !    
,secret>y to make any necess>y *anges to
 contact in=mation on record = !        
adm9i/rator bas$ on any *anges to ! plan
 due to m]g] or consolidation ( ! plan )
 any o!r plan1 division ( ! plan into   
two or m plans1 bankruptcy1 t]m9ation1  
*ange 9 "n ( ! plan1 *ange 9 "n or      
address ( ! adm9i/rator1 or o!r causes4 
,! ,retirem5t ,sav+s ,lo/ & ,f\nd       
e/abli%$ "u ?is p>agraph %all include   

in=mation report$ "u ?is section & o!r  
relevant in=mation obta9$ by !          
,secret>y4  7#b7 ,plans describ$ ,a plan
 describ$ 9 ?is p>agraph is a plan to   
:i* ! ve/+ /&>ds ( section #bjc apply4  
7b7 ,adm9i/ration ,! ,retirem5t ,sav+s  
,lo/ & ,f\nd e/abli%$ "u subsection 7a7 
%all provide individuals describ$ 9     
subsection 7a77#a7 only ) ! ability to  
view contact in=mation = ! adm9i/rator (
 any plan ) respect to :i* ! individual 
is or 0 a p>ticipant or b5efici>y1      
suffici5t to all[ ! individual to locate
 ! individual's plan 9 ord] to recov]   
any b5efit ow+ to ! individual "u !     
plan4  7c7 ,safegu>d+ p>ticipant privacy
 & security ,9 e/abli%+ ! ,retirem5t    
,sav+s ,lo/ & ,f\nd "u subsection 7a71 !
 ,secret>y %all take all necess>y &     
prop] precautions to ensure t           
individuals' plan in=mation ma9ta9$ by !
 ,retirem5t ,sav+s ,lo/ & ,f\nd is      
protect$ & t p]sons o!r ?an ! individual
 _c fraudul5tly claim ! b5efits to :i*  
any individual is entitl$4  7d7         

,def9itions ,= purposes ( ?is section & 
section #djeb-- 7#a7 ! t]m adm9i/rator  
has ! mean+ giv5 su* t]m 9 section      
#c7af77;,a72 &  7#b7 ! t]m ,secret>y    
means ! ,secret>y ( ,labor4  #djeb4     
,(fice ( ! ,retirem5t ,sav+s ,lo/ &     
,f\nd  7a7 ,e/abli%m5t2                 
,responsibilities ( ,(fice  7#a7 ,9     
g5]al ,n lat] ?an #b ye>s aft] ! date ( 
! enactm5t ( ?is section1 ! ,secret>y1 9
 consultation ) ! ,secret>y ( !         
,treasury1 %all e/abli% )9 ! ,dep>tm5t (
 ,labor an ,(fice ( ! ,retirem5t ,sav+s 
,lo/ & ,f\nd 79 ?is section ref]r$ to z 
! ,(fice74  7#b7 ,responsibilities (    
(fice ,! ,(fice %all-- 7,a7 c>ry out    
subsection 7b7 ( ?is section2 &  7,b7   
ma9ta9 ! ,retirem5t ,sav+s ,lo/ & ,f\nd 
e/abli%$ "u section #djea4  7b7 ,c]ta9  
non-,responsive p>ticipants entitl$ to  
small b5efits  7#a7 ,g5]al rule  7,a7   
,transf] to ! (fice ( ! retirem5t sav+s 
lo/ & f\nd ,! adm9i/rator ( a plan t is 
n t]m9at$ & to :i* section              
#dja7;a77#ca77;,b7 ( ! ,int]nal ,rev5ue 

,code ( #aihf applies may transf] to !  
,(fice ! am\nt all[$ to be transf]r$ "u 
section #dja7;a77#ca77;,b77iv7 ( su*    
,code = a non-responsive p>ticipant     
7aft] ! requirem5ts ( section           
#dja7;a77#ca77;,b77iii7 are met74  7,b7 
,in=mation & paym5t to ! (fice ,^u mak+ 
a transf] "u subp>agraph 7,a71 !        
adm9i/rator %all provide to ! ,(fice su*
 in=mation & c]tifications z ! ,(fice   
%all specify1 includ+ ) respect to !    
transf]r$ am\nt & ! non-responsive      
p>ticipant1 )9 su* "t & 9 su* mann] z   
may be specifi$ by ! ,(fice4  7,c7      
,in=mation requirem5ts aft] transf]  7i7
 ,9 g5]al ,9 ! ev5t t1 aft] a transf] is
 made "u subp>agraph 7,a71 ! relevant   
non-responsive p>ticipant contacts !    
adm9i/rator1 ! adm9i/rator %all notify &
 provide su* in=mation to !             
non-responsive p>ticipant1 )9 su* "t & 9
 su* mann]1 z ! ,(fice %all specify4    
7ii7 ,civil p5alty ,! ,secret>y may     
assess a civil p5alty aga9/ !           
adm9i/rator ( a plan ( up to #ajj a day 

f ! date ( ! adm9i/rator's failure or   
refusal to provide notice & requir$     
in=mation to a non-responsive p>ticipant
 9 accordance ) clause 7i74  7,d7 ,se>* 
& paym5t by ! (fice foll[+ transf] ,^u  
receiv+ in=mation describ$ 9 subp>agraph
 7,c71 ! ,(fice %all attempt to contact 
7includ+ conduct+ a se>* =7 !           
non-responsive p>ticipant = :om ! ,(fice
 has receiv$ a transf] "u subp>agraph   
7,a74 ,^u location ( a non-responsive   
p>ticipant :o claims b5efits1 ! ,(fice  
%all make a s+le paym5t to !            
non-responsive p>ticipant 9 an am\nt    
equal to ! sum (-- 7i7 ! am\nt transf]r$
 to ! ,(fice "u subp>agraph 7,a7 = su*  
p>ticipant2 &  7ii7 int]e/1 det]m9$ 9 ! 
same mann] z = purposes ( section #djej4
  ,! ,(fice %all take all reasonable    
/eps to assi/ ! p>ticipant to roll ov] !
 paym5t made "u ?is p>agraph to an      
eligible retirem5t plan 7z def9$ 9      
section #djb7;c77#h7 ( ! ,int]nal       
,rev5ue ,code ( #aihf7 9 a mann] t      
ensures t su* paym5t w n be includible 9

 ! gross income ( ! p>ticipant = !      
taxable ye> 9 :i* paid4  7#b7 ,def9ition
 ,= purposes ( ?is subsection1 ! t]m    
non-responsive p>ticipant means-- 7,a7 a
 p>ticipant or b5efici>y ( a plan       
describ$ 9 p>agraph 7#a77;,a7-- 7i7 :o  
is entitl$ to a b5efit subject to a     
transf] "u section                      
#dja7;a77#ca77;,b77iii7 ( ! ,int]nal    
,rev5ue ,code ( #aihf2 &  7ii7 = :om !  
plan has satisfi$ ! conditions 9 su*    
section & section #dja7;a77#ca77;,b77iv7
 ( su* ,code1 & any requirem5ts relat+  
to ! location ( miss+ p>ticipants       
e/abli%$ by ! ,secret>y pursuant to     
title ,i ( ?is ,act2 &  7,b7 any o!r    
p>ticipant or b5efici>y det]m9$ to be   
lo/ or miss+ "u regulations to be issu$ 
by ! ,secret>y1 9 consultation ) !      
,secret>y ( ! ,treasury4  7#c7          
,regulatory au?ority ,! ,secret>y %all  
prescribe su* regulations z are necess>y
 to c>ry out ! purposes ( ?is section4  
7c7 ,in=mation collection ,! adm9i/rator
 ( a plan to :i* ! ve/+ /&>ds ( section 

#bjc apply %all submit to ! ,(fice1 at  
su* "t & 9 su* =m & mann] z is prescrib$
 9 regulations-- 7#a7 ! in=mation       
describ$ 9 p>agraphs 7#a7 ?r\gh 7#d7 (  
section #fjeg7;b7 ( ! ,int]nal ,rev5ue  
,code ( #aihf2  7#b7 ! in=mation        
describ$ 9 subp>agraphs 7,a71 7,b71     
7,e71 & 7,f7 ( section #fjeg7;a77#b7 ( !
 ,int]nal ,rev5ue ,code ( #aihf2 &  7#c7
 su* o!r in=mation z ! ,secret>y may    
require4  7d7 ,program integrity audit  
,on an annual basis = ea* ( ! fir/ #e   
ye>s beg9n+ aft] ! date ( enactm5t ( ?is
 section & e #e ye>s !reaft]1 !         
,inspector ,g5]al ( ! ,dep>tm5t ( ,labor
 %all conduct an audit ( ! adm9i/ration 
( ! ,retirem5t ,sav+s ,lo/ & ,f\nd by ! 
,(fice1 includ+ an assessm5t ( fraud    
relat+ to claims ( b5efits4  7e7        
,application ( ,/ate es*eat laws ,no    
,/ate law relat+ to ! disposition (     
unclaim$ or ab&on$ prop]ty "u :i* a     
b5efit am\nt "u a plan to :i* ?is       
section applies w\ld es*eat to a ,/ate  
or o!rwise become ! prop]ty ( a ,/ate "u

 su* a law %all apply ) respect to any  
su* b5efit am\nt = any p]iod beg9n+ on  
or aft] ! date ( enactm5t ( ?is section4
  7f7 ,effective date ,! requirem5ts (  
subsections 7b71 7c71 & 7d7 %all apply )
 respect to plan ye>s beg9n+ aft] !     
second ,decemb] #ca occurr+ aft] ! date 
( ! enactm5t ( ?is section4  7g7        
,au?orization ( appropriations ,!re are 
au?oriz$ to be appropriat$ su* sums z   
may be necess>y to c>ry out ?is section4
  4  7#b7 ,con=m+ am5dm5t ,! table (    
cont5ts = ! ,employee ,retirem5t ,income
 ,security ,act ( #aigd 7#bi ,u4,s4,c4  
#ajja et seq47 is am5d$ by ins]t+ aft] !
 matt] relat+ to section #djej ! foll[+3
  ,sec4 #djea4 ,retirem5t ,sav+s ,lo/ & 
,f\nd4 ,sec4 #djeb4 ,(fice ( !          
,retirem5t ,sav+s ,lo/ & ,f\nd4  4  7b7 
,m&atory transf]s ( rollov] di/ributions
  7#a7 ,inve/m5t options  7,a7 ,9 g5]al 
,subp>agraph 7,b7 ( section #djd7;c77#c7
 ( ! ,employee ,retirem5t ,income       
,security ,act ( #aigd 7#bi ,u4,s4,c4   
#aajd7;c77#c77 is am5d$ by /rik+ ! p]iod

 at ! end & ins]t+ 1 &1 to ! ext5t !    
,secret>y ( ,labor provides 9 guidance  
or regulations issu$ aft] ! enactm5t (  
?is ,act1 is made to-- 7i7 a t>get date 
or life cycle fund held "u su* acc\nt2  
7ii7 z describ$ 9 section #beej4djd;a-#b
 ( title #bi1 ,code ( ,f$]al            
,regulations1 an inve/m5t product held  
"u su* acc\nt design$ to pres]ve        
pr9cipal & provide a reasonable rate (  
return2  7iii7 ! ,(fice ( ! ,retirem5t  
,sav+s ,lo/ & ,f\nd 9 accordance )      
section #dja7;a77#ca77;,b77iv7 ( !      
,int]nal ,rev5ue ,code ( #aihf & section
 #djeb7;b77#a77;,a72 or  7iv7 su* o!r   
option z ! ,secret>y ( ,labor may s     
provide4  4  7,b7 ,regulations ,n lat]  
?an #a ye> aft] ! date ( ! enactm5t (   
?is ,act1 ! ,secret>y ( ,labor %all     
promulgate regulations id5tify+ ! t>get 
date or life cycle funds1 or specify+ ! 
*>act]i/ics ( su* a fund1 t w be deem$  
to meet ! requirem5ts ( section         
#djd7;c77#c77;,b77i7 ( ! ,employee      
,retirem5t ,income ,security ,act (     

#aigd 7#bi ,u4,s4,c4                    
#aajd7;c77#c77;,b771 z am5d$ by         
subp>agraph 7,a74  7#b7 ,expansion (    
cap2 au?ority to transf] less] am\nts   
7,a7 ,cap ,sections                     
#dja7;a77#ca77;,b77ii7 &                
#daa7;a77#aa77;,a7 ( ! ,int]nal ,rev5ue 
,code ( #aihf & section #bjc7;e77#a7 ( !
 ,employee ,retirem5t ,income ,security 
,act ( #aigd are ea* am5d$ by /rik+     
#e1jjj & ins]t+ #f1jjj4  7,b7           
,di/ribution ( l>g] am\nts to individual
 retirem5t plans only ,section          
#dja7;a77#ca77;,b77i7 ( su* ,code is    
am5d$ by add+ at ! end ! foll[+3 ,!     
,(fice ( ! ,retirem5t ,sav+s ,lo/ &     
,f\nd e/abli%$ by section #djea ( !     
,employee ,retirem5t ,income ,security  
,act ( #aigd %all n be treat$ z a tru/ee
 or issu] t is eligible to receive su*  
di/ributions44  7,c7 ,less] am\nts  7i7 
,am5dm5t ( ,int]nal ,rev5ue ,code (     
#aihf ,section #dja7;a77#ca77;,b7 ( su* 
,code is am5d$ by add+ at ! end ! foll[+
 new clauses3  7iii7 ,treatm5t ( less]  

am\nts ,9 ! case ( a tru/ :i* is "p ( an
 eligible plan 7z def9$ 9 clause 7ii77  
to :i* ! ve/+ /&>ds ( section #bjc ( !  
,employee ,retirem5t ,income ,security  
,act ( #aigd apply1 su* tru/ %all n be a
 qualifi$ tru/ "u ?is section unless su*
 plan provides t1 if a p>ticipant 9 !   
plan sep>ates f ! s]vice cov]$ by ! plan
 & ! non=feitable accru$ b5efit describ$
 9 clause 7ii7 is n 9 excess ( #a1jjj   
7includ+ 9 any case 9 :i* paym5t ( su* a
 b5efit is attempt$ b n accept$ by !    
p>ticipant or b5efici>y )9 #f mon?s (   
su* paym5t attempt7-- 7,i7 ! plan       
adm9i/rator may1 aft] conduct+ a dilig5t
 se>* z provid$ 9 clause 7vi7 & notify+ 
! p>ticipant 7ei!r sep>ately or z "p ( !
 notice "u section #djb7;f7 ( su* ,code7
 t ! p>ticipant is entitl$ to su*       
b5efit1 or attempt+ to pay ! b5efit     
directly to ! p>ticipant1 transf] su*   
am\nt to ! ,(fice 9 accordance ) clause 
7iv72 &  7,,ii7 ! plan adm9i/rator %all 
n *>ge aga9/ ! b5efit any adm9i/rative  
or o!r fee = su* transf]4  7iv7         

,transf]s to retirem5t sav+s lo/ & f\nd 
,if1 aft] a plan adm9i/rator takes !    
actions requir$ "u clause 7iii77,i71 !  
p>ticipant does n-- 7,i7 n lat] ?an #c  
ye>s aft] ! notification "u su*         
p>agraph1 make an election "u           
subp>agraph 7,a7 or elect to receive a  
di/ribution ( ! b5efit directly1 or     
7,,ii7 accept any paym5t made "u su*    
clause )9 #c ye>s ( ! attempt$ paym5t1  
! plan adm9i/rator may transf] ! am\nt (
 su* b5efit to ! ,(fice ( ! ,retirem5t  
,sav+s ,lo/ & ,f\nd 9 accordance )      
section #djeb7;b7 ( ! ,employee         
,retirem5t ,income ,security ,act (     
#aigd4  7v7 ,income tax treatm5t (      
transf]s to & di/ributions f retirem5t  
sav+s lo/ & f\nd ,= purposes ( det]m9+ !
 income tax treatm5t ( transf]s to !    
,(fice ( ! ,retirem5t ,sav+s ,lo/ &     
,f\nd "u clause 7iv7 or ( transf]s to an
 employee b5efit plan or individual     
retirem5t acc\nt-- 7,i7 su* a transf]   
%all be treat$ z a transf] to an        
individual retirem5t plan "u clause 7i72

 &  7,,ii7 ! di/ribution ( su* am\nts by
 ! ,(fice ( ! ,retirem5t ,sav+s ,lo/ &  
,f\nd %all be treat$ z a di/ribution 9  
accordance ) section #djej7;a7 ( !      
,employee ,retirem5t ,income ,security  
,act ( #aigd f an individual retirem5t  
plan4  7vi7 ,dilig5t se>* ,= purposes ( 
clause 7iii71 a dilig5t se>* requires   
tak+ all ( ! foll[+ /eps1 consi/5t )    
guidance issu$ by ! ,secret>y ( ,labor1 
9 consultation ) ! ,secret>y ( !        
,treasury1 n lat] ?an #ah mon?s aft] !  
date ( enactm5t ( ?is clause3 7,i7 ,a   
se>* = alt]nate contact in=mation       
7address1 telephone1 or email7 9 !      
possession ( ! plan1 any relat$ plan1 or
 ! plan sponsor4  7,,ii7 ,use ( free    
onl9e se>* eng9es1 public record        
databases1 publicly available           
directories1 or obitu>ies4  7,,iii7 ,use
 ( a comm]cial locator s]vice1 a cr$it  
report+ ag5cy or a propriet>y int]net   
se>* tool = locat+ individuals4  7,,iv7 
,! mail+ ( a contact lett] s5t by ,unit$
 ,/ates ,po/al ,s]vice via c]tifi$ mail 

to ! la/ kn[n address & to any o!r      
alt]nate address f\nd4  4  7ii7 ,am5dm5t
 ( ,employee ,retirem5t ,income         
,security ,act ( #aigd ,section #djd ( !
 ,employee ,retirem5t ,income ,security 
,act ( #aigd 7#bi ,u4,s4,c4 #aajd7 is   
am5d$ by add+ at ! end ! foll[+ new     
subsection3  7f7 ,safe h>bor ) respect  
to transf]r+ acc\nt balance ( miss+     
p>ticipants  7#a7 ,9 g5]al ,) respect to
 ! transf] requirem5ts ( section        
#dja7;a77#ca77;,b7 ( ! ,int]nal ,rev5ue 
,code ( #aihf1 ! requirem5ts (          
subsection 7a77#a77;,b7 ) respect to !  
adm9i/rator w be deem$ to be satisfi$ 9 
! case ( a p>ticipant-- 7,a7 :o sep>ates
 f ! s]vice cov]$ by ! plan1 &  7,b7 !  
non=feitable accru$ b5efit ( :om 7z     
describ$ 9 section                      
#dja7;a77#ca77;,b77ii7 ( su* ,code7 is n
 9 excess ( #a1jjj1  if ! adm9i/rator   
adopts practices & proc$ures ) respect  
to ma9ta9+ up-to-date contact in=mation 
on p>ticipants & fulfills ! requirem5ts 
( p>agraphs 7#b71 7#c71 & 7#d74  7#b7   

,notification ,! requirem5ts ( ?is      
p>agraph are satisfi$ if ! adm9i/rator  
conducts a dilig5t se>* z provid$ 9     
p>agraph 7#d7 & notifies ! p>ticipant   
7ei!r sep>ately or z "p ( ! notice "u   
section #djb7;f7 ( su* ,code7 t !       
p>ticipant is entitl$ to su* b5efit1 or 
attempts to pay ! b5efit directly to !  
p>ticipant4  7#c7 ,transf]s to retirem5t
 sav+s lo/ & f\nd ,if1 aft] an          
adm9i/rator takes ! actions requir$ "u  
p>agraph 7#b71 ! p>ticipant does n--    
7,a7 n lat] ?an #c ye>s aft] !          
notification "u su* p>agraph1 make an   
election "u section #dja7;a77#ca77;,a7 (
 su* ,code or elect to receive a        
di/ribution ( ! b5efit directly1 or     
7,b7 accept any paym5t made "u su*      
p>agraph )9 #c ye>s ( ! attempt$ paym5t1
  ! adm9i/rator may transf] ! am\nt (   
su* b5efit to ! ,(fice ( ! ,retirem5t   
,sav+s ,lo/ & ,f\nd 9 accordance )      
section #djeb7;b74  7#d7 ,dilig5t se>*  
,= purposes ( p>agraph 7#b71 a dilig5t  
se>* requires tak+ all ( ! foll[+ /eps1 

consi/5t ) guidance issu$ by ! ,secret>y
 ( ,labor1 9 consultation ) ! ,secret>y 
( ! ,treasury1 n lat] ?an #ah mon?s aft]
 ! date ( enactm5t ( ?is clause3 7,a7 ,a
 se>* = alt]nate contact in=mation      
7address1 telephone1 or email7 9 !      
possession ( ! plan1 any relat$ plan1 or
 ! plan sponsor4  7,b7 ,use ( free onl9e
 se>* eng9es1 public record databases1  
publicly available directories1 or      
obitu>ies4  7,c7 ,use ( a comm]cial     
locator s]vice1 a cr$it report+ ag5cy or
 a propriet>y int]net se>* tool = locat+
 individuals4  7,d7 ,! mail+ ( a contact
 lett] s5t by ,unit$ ,/ates ,po/al      
,s]vice via c]tifi$ mail to ! la/ kn[n  
address & to any o!r alt]nate address   
f\nd4  ,an adm9i/rator ( a plan t takes 
all ( ! /eps describ$ 9 ! prec$+        
subp>agraphs & t adopts practices &     
proc$ures ) respect to ma9ta9+          
up-to-date contact in=mation on         
p>ticipants %all be deem$ to meet its   
fiduci>y duty "u section #djd ) respect 
to locat+ a non-responsive p>ticipant 7z

 def9$ 9 section #djeb7;b77#b774  4     
7,d7 ,effective date ,! am5dm5ts made by
 ?is p>agraph %all apply to ve/$ b5efits
 ) respect to p>ticipants :o sep>ate f  
s]vice connect$ to ! plan 9 plan ye>s   
beg9n+ #a ye> aft] ! f9alization ( !    
regulations issu$ pursuant to section   
#djeb7;b77#b74  7c7 ,bett] report+ =    
m&atory transf]s  7#a7 ,9 g5]al         
,p>agraph 7#b7 ( section #fjeg7;a7 ( !  
,int]nal ,rev5ue ,code ( #aihf is       
am5d$-- 7,a7 9 subp>agraph 7,c7-- 7i7 by
 /rik+ dur+ su* plan ye> 9 clause 7i7 & 
ins]t+ dur+ ! plan ye> imm$iately prec$+
 su* plan ye>2  7ii7 by add+ & at ! end 
( clause 7i72 &  7iii7 by /rik+ clause  
7iii72  7,b7 by r$esignat+ subp>agraph  
7,e7 z subp>agraph 7,g72  7,c7 by /rik+ 
& at ! end ( subp>agraph 7,d72 &  7,d7  
by ins]t+ aft] subp>agraph 7,d7 ! foll[+
 new subp>agraphs3  7,e7 ! "n & taxpay] 
id5tify+ numb] ( ea* p>ticipant or =m]  
p>ticipant 9 ! plan-- 7i7 :o1 dur+ !    
curr5t plan ye> or any previ\s plan ye>1
 0 report$ "u subp>agraph 7,c71 & )     

respect to :om ! b5efits describ$ 9     
subp>agraph 7,c77ii7 7 fully paid dur+ !
 plan ye>1  7ii7 ) respect to :om any   
am\nt 0 di/ribut$ "u section            
#dja7;a77#ca77;,b7 dur+ ! plan ye>1 or  
7iii7 ) respect to :om a def]r$ annuity 
contract 0 di/ribut$ dur+ ! plan ye>1   
7,f7 9 ! case ( a p>ticipant or =m]     
p>ticipant to :om subp>agraph 7,e7      
applies 7& to ! ext5t provid$ 9         
regulations design$ to protect privacy  
to be issu$ by ! ,secret>y ( ,labor7--  
7i7 9 ! case ( a p>ticipant describ$ 9  
clause 7ii7 !re(1 ! "n & address ( !    
designat$ tru/ee or issu] describ$ 9    
section #dja7;a77#ca77;,b77i7 & ! acc\nt
 numb] ( ! individual retirem5t plan to 
:i* ! am\nt 0 di/ribut$1 &  7ii7 9 !    
case ( a p>ticipant describ$ 9 clause   
7iii7 !re(1 ! "n & address ( ! issu] (  
su* annuity contract & ! contract or    
c]tificate numb]1 &  4  7#b7 ,rules     
relat+ to direct tru/ee-to-tru/ee       
transf]s  7,a7 ,9 g5]al ,p>agraph 7#f7 (
 section #djb7;e7 ( su* ,code is am5d$--

 7i7 by /rik+ transf]s4--,any & ins]t+  
transf]s4-- 7,a7 ,9 g5]al ,any  2 &     
7ii7 by add+ at ! end ! foll[+ new      
subp>agraph3  7,b7 ,notification (      
tru/ee ,9 ! case ( a di/ribution "u     
section #dja7;a77#ca77;,b71 !           
adm9i/rator %all notify ! designat$     
tru/ee or issu] describ$ 9 clause 7i7   
!re( t ! transf] is a m&atory           
di/ribution requir$ by su* section4  4  
7,b7 ,p5alty ,subsection 7i7 ( section  
#ffeb ( su* ,code is am5d$-- 7i7 by     
/rik+ to ,recipi5ts 9 ! head+ & ins]t+  
or ,notification2  7ii7 by /rik+        
#djb7;f71 & ins]t+ #djb7;f7 or a        
notification z requir$ by section       
#djb7;e77#f77;,b712 &  7iii7 by /rik+   
su* writt5 explanation & ins]t+ su*     
writt5 explanation or notification4     
7,c7 ,reports ,subsection 7i7 ( section 
#djh ( su* ,code is am5d$-- 7i7 by      
r$esignat+ subp>agraphs 7,a7 & 7,b7 (   
p>agraph 7#b7 z clauses 7i7 & 7ii71     
respectively1 & by mov+ su* clauses #b  
ems to ! "r2  7ii7 by r$esignat+        

p>agraphs 7#a7 & 7#b7 z subp>agraphs    
7,a7 & 7,b71 respectively1 & by mov+ su*
 subp>agraphs #b ems to ! "r2  7iii7 by 
/rik+ z ! ,secret>y prescribes 9        
subp>agraph 7,b77ii71 z s r$esignat$1 & 
all t foll[s ?r\gh a simple retirem5t   
acc\nt & ins]t+ z ! ,secret>y           
prescribes4  7#c7 ,simple retirem5t     
acc\nts ,9 ! case ( a simple retirem5t  
acc\nt  2  7iv7 by /rik+ ,reports4--,!  
tru/ee ( & ins]t+ ,reports4-- 7#a7 ,9   
g5]al ,! tru/ee (  2  7v7 by /rik+ "u   
p>agraph 7#b7 9 p>agraph 7#c71 z        
r$esignat$ by clause 7iii71 & ins]t+ "u 
p>agraph 7#a77;,b72 &  7vi7 by ins]t+   
aft] p>agraph 7#a77;,b77ii71 z          
r$esignat$ by ! prec$+ clauses1 ! foll[+
 new p>agraph3  7#b7 ,m&atory           
di/ributions ,9 ! case ( an acc\nt1     
contract1 or annuity to :i* a transf] "u
 section #dja7;a77#ca77;,b7 is made     
7includ+ a transf] f ! individual       
retirem5t plan to :i* ! orig9al transf] 
"u su* section 0 made to ano!r          
individual retirem5t plan71 ! report    

requir$ by ?is subsection = ! ye> ( !   
transf] & any ye> 9 :i* ! in=mation     
previ\sly report$ 9 subp>agraph 7,b7    
*anges %all-- 7,a7 id5tify su* transf] z
 a m&atory di/ribution requir$ by su*   
section1  7,b7 include ! "n1 address1 & 
taxpay] id5tify+ numb] ( ! tru/ee or    
issu] ( ! individual retirem5t plan to  
:i* ! am\nt is transf]r$1 &  7,c7 be    
fil$ ) ! ,secret>y ( ,labor4  4  7#c7   
,notification ( p>ticipants ^u sep>ation
 ,subsection 7e7 ( section #fjeg ( su*  
,code is am5d$ by ins]t+ 1 &1 ) respect 
to any b5efit ( ! individual subject to 
section #dja7;a77#ca77;,b71 a notice (  
availability (1 & ! contact in=mation =1
 ! ,retirem5t ,sav+s ,lo/ & ,f\nd       
e/abli%$ "u section #djea ( ! ,employee 
,retirem5t ,income ,security ,act (     
#aigd be=e ! p]iod at ! end ( ! second  
s5t5ce4  7#d7 ,effective date ,!        
am5dm5ts made by ?is p>agraph %all apply
 to di/ributions made 91 & returns &    
reports relat+ to1 ye>s beg9n+ aft] !   
second ,decemb] #ca occurr+ aft] ! date 

( ! enactm5t ( ?is ,act4  7d7           
,requirem5t ( electronic fil+  7#a7 ,9  
g5]al ,p>agraph 7#b7 ( section #fjaa7;e7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$-- 7,a7 by r$esignat+ subp>agraphs 
7,a7 & 7,b7 z clauses 7i7 & 7ii71       
respectively1 & by mov+ su* clauses #b  
ems to ! "r2  7,b7 by /rik+             
,regulations4--,9 prescrib+ & ins]t+    
,regulations4-- 7,a7 ,9 g5]al ,9        
prescrib+  2 &  7,c7 by add+ at ! end ! 
foll[+ new subp>agraph3  7,c7           
,exceptions ,not)/&+ subp>agraph 7,a71 !
 ,secret>y %all require returns or      
reports requir$ "u-- 7i7 sections #fjeg1
 #fjeh1 & #fjei1 &  7ii7 sections       
#djh7;i71 #fjda1 & #fjdg to ! ext5t su* 
return or report relates to ! tax       
treatm5t ( a di/ribution f a plan1      
acc\nt1 contract1 or annuity1  to be    
fil$ on magnetic m$ia1 b only ) respect 
to p]sons :o are requir$ to file at lea/
 #ej returns dur+ ! cal5d> ye> :i*      
includes ! fir/ day ( ! plan ye> to :i* 
su* returns or reports relate4  4  7#b7 

,effective date ,! am5dm5ts made by ?is 
p>agraph %all apply to returns & reports
 relat+ to ye>s beg9n+ aft] ! second    
,decemb] #ca occurr+ aft] ! date ( !    
enactm5t ( ?is ,act4