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TREAS/IRS RIN: 1545-BL98 Publication ID: Spring 2023 
Title: Guidance on Rules Applicable to IRAs Under Sections 408 and 408A 

These regulations will provide guidance, including updates for statutory changes enacted since the issuance of the current regulations, under sections 408 and 408A of the Internal Revenue Code relating to individual retirement accounts and individual retirement annuities (collectively, IRAs), including Roth IRAs. The guidance will address multiple topics, including: (1) the requirements for traditional IRAs, Roth IRAs, SEP IRAs, SIMPLE IRAs, and deemed IRAs established under qualified employer plans; (2) the treatment of contributions to, and distributions from, an IRA; (3) deductibility rules for IRAs under section 219; and (4) taxes on excess contribution to an IRA under section 4973.

Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 26 CFR 1    26 CFR 219    26 CFR 408    26 CFR 408A     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 26 U.S.C. 7805(e)   
Legal Deadline:  None
Action Date FR Cite
NPRM  07/14/1981  46 FR 36198   
Partial Withdrawal of NPRM  07/11/2014  79 FR 40031   
Second NPRM  05/00/2024 
Additional Information: REG-209459-78 (NPRM) Drafter attorney: Patrick Gutierrez (202) 317-6363 Reviewer attorney: Neil Sandhu (202) 317-4841 Treasury attorney: Harlan Weller (202) 622-1001 CC:EEE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Federal 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Patrick Gutierrez
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 317-6363
Fax:855 605-5282