EGTRRA Permanency - EGTRRA provisions, which include
catch-up contributions and Roth 401(k) provisions,
have been permanently extended. These provisions were
previously scheduled to sunset in 2010.
Participant Statements - Participant-directed defined
contribution plans must provide quarterly statements
to plan participants. Statements may be provided electronically.
Minimum Vesting Schedule - Effective for contributions
made for plan years beginning on or after January
1, 2007, all employer contributions will be subject
to a minimum vesting schedule no more restrictive
than either a 6 year graded schedule or a 3 year cliff
schedule. These vesting schedule minimums previously
applied only to matching contributions or top-heavy