[Federal Register Volume 76, Number 159 (Wednesday, August 17, 2011)]
[Notices]
[Pages 51126-51127]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-20981]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Regulation Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on proposed and/or continuing information collections, as required by
the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C.
3506(c)(2)(A)). The IRS is soliciting comments concerning collection
requirements related to disclosure of relative values of optional forms
of benefit.
DATES: Written comments should be received on or before October 17,
2011 to be assured of consideration.
ADDRESSES: Direct all written comments to Yvette B. Lawrence, Internal
Revenue Service, Room 6129, 1111 Constitution Avenue, NW., Washington,
DC 20224.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of the regulations should be directed to Joel Goldberger at
Internal Revenue Service, Room 6129, 1111 Constitution Avenue, NW.,
Washington, DC 20224, or at (202) 927-9368, or through the Internet at
[email protected].
SUPPLEMENTARY INFORMATION:
Title: Disclosure of Relative Values of Optional Forms of Benefit.
OMB Number: 1545-0928.
Regulation Project Number: T.D. 9099.
Abstract: This document contains final regulations that consolidate
the content requirements applicable to explanations of qualified joint
and survivor annuities and qualified preretirement survivor annuities
payable under certain retirement plans, and specify requirements for
disclosing the relative value of optional forms of benefit that are
payable from certain retirement plans in lieu of a qualified joint and
survivor annuity. These regulations affect plan sponsors and
administrators, and participants in and beneficiaries of, certain
retirement plans.
Current Actions: There are no changes to this existing regulation.
Type of Review: Extension of currently approved collection.
[[Page 51127]]
Affected Public: Business or other for-profit.
Estimated Number of Responses: 3,000,000.
Estimated Total Annual Reporting Burden: 385,000.
The following paragraph applies to all of the collections of
information covered by this notice:
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number. Books or records
relating to a collection of information must be retained as long as
their contents may become material in the administration of any
internal revenue law. Generally, tax returns and tax return information
are confidential, as required by 26 U.S.C. 6103.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: (a) Whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information shall have practical utility; (b) the accuracy of the
agency's estimate of the burden of the collection of information; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Approved: July 28, 2011.
Yvette B. Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2011-20981 Filed 8-16-11; 8:45 am]
BILLING CODE 4830-01-P