Section 1 Waiver of pension plan minimum required distribution rules for 2013 and 2014
In general— Clause (i) of section 401(a)(9)(H) of the Internal Revenue Code of 1986 (relating to general rule for temporary waiver of minimum required distribution) is amended by striking “calendar year 2009” and inserting “calendar years 2009, 2013, and 2014”.
Conforming amendments—
Clause (ii) of section 401(a)(9)(H) of such Code is amended—
in subclause (I) by striking “calendar years after 2009” and inserting “calendar year after 2009 and before 2013 and calendar years after 2014”, and
in subclause (II) by striking “calendar year 2009” and inserting “calendar years 2009, 2013, and 2014”.
Paragraph (4) of section 402(c) of such Code is amended—
by inserting “, 2013, or 2014” after “2009” the first place it appears, and
by striking “2009” the second place it appears and inserting “2009, 2013, or 2014, as the case may be”.
Effective date—
In general— The amendments made by this section shall apply to calendar years beginning after December 31, 2012.
Provisions relating to plan or contract amendments—
In general— If this paragraph applies to any pension plan or contract amendment, such pension plan or contract shall not fail to be treated as being operated in accordance with the terms of the plan during the period described in subparagraph (B)(ii) solely because the plan operates in accordance with this section.
Amendments to which paragraph applies—
In general— This paragraph shall apply to any amendment to any pension plan or annuity contract which—
is made pursuant to the amendments made by this section, and
is made on or before the last day of the first plan year beginning on or after January 1, 2015.
Conditions— This paragraph shall not apply to any amendment unless during the period beginning on the effective date of the amendment and ending on December 31, 2014, the plan or contract is operated as if such plan or contract amendment were in effect.