§ 4980(c)(3)(A)

amount not treated as employer reversion

UNDECIDED

0 of 2 settled

  1. 1

    § 4980(c)(3)(A)

    ALL OF
    “upon an employer reversion from a qualified plan, any applicable amount is transferred from such plan to an employee stock ownership plan described in section 4975(e)(7) or a tax credit employee stock ownership plan (as described in section 409)”
    “the requirements of subparagraphs (B), (C), and (D) are met” needs Step 2 requirements of subparagraph (B) met UNDECIDED
  2. 2

    § 4980(c)(3)(B)

    requirements of subparagraph (B) met

    ANY OF
    “if, within 90 days after the transfer (or such longer period as the Secretary may prescribe),” Opening words

    “As the Secretary may prescribe” leaves this to Treasury. No regulation cites this provision (eCFR, Oct 19, 2026)

    “the amount transferred is invested in employer securities (as defined in section 409(l))”
    “used to repay loans used to purchase such securities”