26 CFR · Internal Revenue
§ 11.408(a)(2)-1 — Trustee of individual retirement accounts.
eCFR · current through Aug 3, 2026
§ 11.408(a)(2)-1 Trustee of individual retirement accounts.
A person may demonstrate to the satisfaction of the Commissioner that the manner in which he will administer the trust will be consistent with the requirements of section 408 only upon the filing of a written application to the Commissioner of Internal Revenue, Attention: E:EP, Internal Revenue Service, Washington, D.C. 20224. Such application must meet the applicable requirements of the regulations under section 401(d)(1) relating to nonbank trustees of pension and profit-sharing trusts benefiting owner-employees.
(Sec. 408(a)(2) of the Internal Revenue Code of 1954 (88 Stat. 959, 26 U.S.C. 408(a)(2)))
[T.D. 7390, 40 FR 53580, Nov. 19, 1975]
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Related
§ 408
26 U.S.C. § 408
Nearby Sections
9
§ 11.401(a)-11
Qualified joint and survivor annuities.§ 11.401(a)-19
Nonforfeitability in case of certain withdrawals.§ 11.401(b)-1
Certain retroactive changes in plan.§ 11.408(a)(2)-1
Trustee of individual retirement accounts.§ 11.410(b)-1
Minimum coverage requirements.§ 11.412(c)-7
Election to treat certain retroactive plan amendments as made on the first day of the plan year.§ 11.412(c)-11
Election with respect to bonds.