Notice2025-06249
Agency Collection Activities; Requesting Comments Forms 5310, Application for Determination for Terminating Plan; and Form 6088, Distributable Benefits From Employee Pension Benefit Plans
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
April 14, 2025
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the 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. The IRS is soliciting comments concerning Form 5310 is used to request an IRS determination letter about the plan's qualification status qualified or nonqualified under Code section 401(a). Any plan sponsor or administrator of any pension, profit- sharing, or other deferred compensation plan (other than a multi- employer plan covered under Pension Benefit Guaranty Corporation insurance) may use this form. Form 6088 is used to show the amounts of distributable benefits to participants in the plan.
Full Text
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<title>Federal Register, Volume 90 Issue 70 (Monday, April 14, 2025)</title>
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[Federal Register Volume 90, Number 70 (Monday, April 14, 2025)]
[Notices]
[Pages 15613-15614]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-06249]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Agency Collection Activities; Requesting Comments Forms 5310,
Application for Determination for Terminating Plan; and Form 6088,
Distributable Benefits From Employee Pension Benefit Plans
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Internal Revenue Service, as part of its continuing effort
to reduce paperwork and respondent burden, invites the 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. The IRS is soliciting comments concerning Form
5310 is used to request an IRS determination letter about the plan's
qualification status qualified or nonqualified under Code section
401(a). Any plan sponsor or administrator of any pension, profit-
sharing, or other deferred compensation plan (other than a multi-
employer plan covered under Pension Benefit Guaranty Corporation
insurance) may use this form. Form 6088 is used to show the amounts of
distributable benefits to participants in the plan.
DATES: Written comments should be received on or before June 13, 2025
to be assured of consideration.
ADDRESSES: Direct all written comments to Andres Garcia, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224, or by email to <a href="/cdn-cgi/l/email-protection#d6a6a4b7f8b5b9bbbbb3b8a2a596bfa4a5f8b1b9a0"><span class="__cf_email__" data-cfemail="e2929083cc818d8f8f878c9691a28b9091cc858d94">[email protected]</span></a>. Include OMB Control No.
1545-0202 in the subject line of the message.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to Marcus McCrary, (470)
769-2001, at Internal Revenue Service, Room 6526, 1111 Constitution
Avenue NW, Washington, DC 20224, or through the internet at
<a href="/cdn-cgi/l/email-protection#a0cdc1d2c3d5d38ed78ecdc3c3d2c1d2d9e0c9d2d38ec7cfd6"><span class="__cf_email__" data-cfemail="fd909c8f9e888ed38ad3909e9e8f9c8f84bd948f8ed39a928b">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION: The IRS is currently seeking comments
concerning the following information collection tools, reporting, and
record-keeping requirements:
Title: Application for Determination for Terminating Plan and
Distributable Benefits from Employee Pension Benefit Plans.
OMB Control Number: 1545-0202.
Form Number: Form 5310 and Form 6608.
[[Page 15614]]
Abstract: Employers who have qualified deferred compensation plans
can take an income tax deduction for contributions to their plans. Form
5310 is used to request an IRS determination letter about the plan's
qualification status (qualified or non-qualified) under Internal
Revenue Code sections 401(a) or 403(a) of a pension. Form 6088 is used
by the IRS to analyst an application for a determination letter on the
qualification of the plan upon termination.
Current Actions: There is no change to the previously approved
information collection.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses and other for-profit organizations.
Estimated Number of Responses: 1,244.
Estimated Time per Response: 105 hours, 14 minutes.
Estimated Total Annual Burden Hours: 82,231.
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: April 8, 2025.
Marcus W. McCrary,
Tax Analyst.
[FR Doc. 2025-06249 Filed 4-11-25; 8:45 am]
BILLING CODE 4830-01-P
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