Base
Proposed Rule2023-237812023-11-03

Proposed Amendment to Prohibited Transaction Exemption 84-24

Labor Department, Employee Benefits Security Administration

Abstract

This document contains a notice of pendency before the Department of Labor (the Department) of a proposed amendment to Prohibited Transaction Exemption (PTE) 84-24, an exemption from certain prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986 (the Code). The amendment would affect participants and beneficiaries of plans, Individual Retirement Account (IRA) owners, and certain fiduciaries of plans and IRAs.

Action & Dates

Action
Notice of Proposed Amendment to Prohibited Transaction Exemption 84-24.
Dates
Public Comments. Comments are due on or before January 2, 2024.

CFR References

Public Comment

Comments Close
2024-01-02

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Labor Employee Benefits Security Administration 29 CFR Part 2550 [Application No. D-12060] ZRIN 1210-ZA33 AGENCY: Employee Benefits Security Administration, U.S. Department of Labor. ACTION: Notice of Proposed Amendment to Prohibited Transaction Exemption 84-24. SUMMARY: This document contains a notice of pendency before the Department of Labor (the Department) of a proposed amendment to Prohibited Transaction Exemption (PTE) 84-24, an exemption from certain prohibited transaction provisions of the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986 (the Code). The amendment would affect participants and beneficiaries of plans, Individual Retirement Account (IRA) owners, and certain fiduciaries of plans and IRAs. DATES: Public Comments. Comments are due on or before January 2, 2024. Public Hearing. The Department anticipates holding a public hearing approximately 45 days following the date of publication in the Federal Register . Specific information regarding the date, location, and submission of requests to testify will be published in a notice in the Federal Register . Applicability Date. The Department proposes to make the final amendment effective 60 days after it is published in the Federal Register . ADDRESSES: All written comments concerning the proposed amendments should be sent to the Employee Benefits Security Administration, Office of Exemption Determinations, U.S. Department of Labor through the Federal eRul

Read full document on FederalRegister.gov →

Related Documents

Other Federal Register documents from the same docket.

Full Document

Citation: 88 FR 76004