Prohibited Transaction Exemptions

Summary

This practice note addresses exemptions to the prohibited transactions rules of the Employee Retirement Income Security Act of 1974 (ERISA) and the similar rules under the Internal Revenue Code. Practitioners, plan service providers, and plan fiduciaries (and other parties in interest / disqualified persons) can use this practice note in identifying exemptions to prohibited transactions. For a definition of those terms, see "Parties in Interest and Disqualified Persons" in ERISA Prohibited Transactions.