New Retirement Plan Rules Under The Pension Protection Act Of 2006

Law360, New York (September 15, 2006, 12:00 AM EDT) -- On August 17, 2006, President Bush signed into law the Pension Protection Act of 2006. Although the new law has generated a lot of press coverage because of its overhaul of the defined benefit pension system, it also makes permanent certain existing rules for 401(k) plans, as well as new and substantial changes in the 401(k) and defined contribution plan arena.

The following is a brief summary of the relevant provisions regarding 401(k) plans and other defined contribution plans. At the end of this alert is...
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