[Federal Register Volume 77, Number 199 (Monday, October 15, 2012)]
[Pages 62619-62620]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-25178]



Internal Revenue Service

Proposed Collection; Comment Request for Regulation Project

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice and request for comments.


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)). Currently, the IRS is soliciting comments concerning 
certain cash or deferred arrangements and employee and matching 
contributions under employee plans, and retirement plans; cash or 
deferred arrangements.

DATES: Written comments should be received on or before December 14, 
2012 to be assured of consideration.

ADDRESSES: Direct all written comments to Yvette 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 regulation should be directed to Allan Hopkins at 
Internal Revenue Service, room 6129, 1111 Constitution Avenue NW., 
Washington, DC 20224, or at (202) 622-6665, or through the Internet at 
[email protected].

    Title: Certain Cash or Deferred Arrangements and Employee and 
Matching Contributions under Employee Plans: Retirement Plans; Cash or 
Deferred Arrangements.
    OMB Number: 1545-1069.
    Regulation Project Number: EE-175-86; Reg-108639-99.
    Abstract: This regulation provides the public with the guidance 
needed to comply with sections 40(k), 401(m), and 4979 of the Internal 
Revenue Code. The regulation affects sponsors of plans that contain 
cash or deferred arrangements of employee or matching contributions, 
and employees who are entitled to make elections under these plans.
    Current Actions: There are no changes to the existing regulations.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit organizations, not-
for-profit institutions, farms, and state, local, or tribal 
    Estimated Number of Respondents: 355,500.
    Estimated Time per Respondent: 3 hours.
    Estimated Total Annual Burden Hours: 1,060,000.
    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 

[[Page 62620]]

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: September 27, 2012.
Yvette Lawrence,
IRS Reports Clearance Officer.
[FR Doc. 2012-25178 Filed 10-12-12; 8:45 am]