“In the case of cash or deferred arrangements in existence on June 27, 1974—“(A) the qualification of the plan and the trust under section 401 of the Internal Revenue Code of 1986 [formerly I.R.C. 1954];
“(B) the exemption of the trust under section 501(a) of such Code;
“(C) the taxable year of inclusion in gross income of the employee of any amount so contributed by the employer to the trust; and
“(D) the excludability of the interest of the employee in the trust under sections 2039 and 2517 of such Code,
shall be determined for plan years beginning before January 1, 1980 in a manner consistent with Revenue Ruling 56–497 (1956–2 C.B. 284), Revenue Ruling 63–180 (1963–2 C.B. 189), and Revenue Ruling 68–89 (1968–1 C.B. 402).”
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