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TREAS/IRS RIN: 1545-BQ70 Publication ID: Spring 2025 
Title: Long-Term, Part-Time Employee Rules for Cash or Deferred Arrangements Under Section 401(k) 
Abstract:

Regulation implementing section 112 of the SECURE Act (which requires that long-term, part-time employees be eligible to participate in cash or deferred arrangements) and certain related provisions of the SECURE 2.0 Act. An NPRM was issued on November 27, 2023. Treasury and the IRS received comments on the NPRM, and a public hearing was held on March 15, 2024. On May 17, 2024, Treasury and IRS held a Tribal consultation on the NPRM. The feedback received is under consideration and has informed the development of this rulemaking.

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 14192 Designation: Not subject to, not significant 
CFR Citation: 26 CFR 1.401(k)-5   
Legal Authority: 26 U.S.C. 7805    Pub. L. 116-94, sec. 112    Pub. L. 117-328, secs. 125 and 401   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM and Notice of Public Hearing  11/27/2023  88 FR 82796   
NPRM Comment Period End  01/26/2024 
Public Hearing  03/15/2024 
Final Action  05/00/2026 
Additional Information: REG-104194-23 (Final) Drafter attorney: Kara Soderstrom (202) 317-6799 Reviewer attorney: Christina Cerasale (202) 317-4102 Treasury actuary: Harlan Weller (202) 622-1001 Treasury attorneys: William Evans (202) 622-1332 and Scott Steadman (312) 292-2081 CC: EEE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Federal, Local, State, Tribal 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Split from 1545-BP81 
Agency Contact:
Kara Soderstrom
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 4422,
Washington, DC 20224
Phone:202 317-6799
Fax:855 604-6086
Email: kara.m.soderstrom@irscounsel.treas.gov