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What is the effective date of the final 401(k) regulations? Rev. 02/02/05, E-mail Alert 2005-2 The final 401(k) regulations are effective for plan years that begin on or after January 1, 2006. However, a plan sponsor may elect to apply the regulations to any plan year that ends after December 29, 2004, as long as all of the applicable final regulations are applied to the affected plan year and all subsequent plan years. Sponsors who elect to apply the rules early are not permitted to apply them selectively. The IRS cautions that mid-year adoption of the final regulations is possible only if the plan has complied operationally with the final regulations for the entire plan year.
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