The Internal Revenue Service has published a new batch of guidance of interest to retirement plan administrators, advisors and sponsors.

The new guidance, given in Notice 2007-28, explains how the IRS will interpret some of the changes that the Pension Protection Act of 2006 made to Section 404 of the Internal Revenue Code.

Questions and answers in the guidance deal with issues such as how to handle conflicts between the taxable year of the employer and the plan year of the plan; when the IRS will treat adoption of a new plan as a plan amendment for purposes of applying IRC Section 404(a)(1)(D)(ii); and how the combined limit of IRC Section 404(a)(7) applies when employer contributions to defined contribution plans exceed 6% of the compensation of participants in those plans.

A copy of the notice is on the Web at Document Link