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American Retirement Association Issues Public Comment on IRS Notice

American Retirement Association Issues Public Comment on IRS Notice Targeted News Service Kelsey Mayo, director for regulatory policy, at the American Retirement Association, Arlington, Virginia, have issued a public comment on the Internal Revenue Service notice entitled Request for Comments Regarding Protection of ERISA Sec. 205 Spousal Rights Under a Terminating Sec. 403(b) Plan Funded Through the Use of Custodial Accounts . The comment was written on Feb. 3, 2021, and posted on Feb. 4, 2021: The American Retirement Association ( ARA ) is writing in response to Internal Revenue Service Notice 2020-80, regarding comments on the application of section 205 of ERISA in connection with a distribution of an individual custodial account in-kind under section 110 of the SECURE Act (Public Law 116-94) for a Sec. 403(b) plan participant. ARA thanks the

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