Deadlines Approaching for Retirement Plan Amendments

Filed under: Determination Letters, Pension Plans, Qualified Retirement Plans

Once again, amendment season is upon us. Sponsors of tax-favored retirement plans should keep in mind the many required amendments for which a year-end deadline is fast approaching. This article highlights some of the more important changes that sponsors must address before the curtain closes on 2011.

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Deadline Approaching for 2010 Plan Amendments

Filed under: Determination Letters, 401(k) Plans, 403(b) Plans, Legislation, Pension Plans, Qualified Retirement Plans

It may be summer now, but sponsors of tax-favored retirement plans should keep in mind the many required amendments for which a year-end deadline is fast approaching.  This article highlights some of the more important changes that sponsors must address before the sun sets on 2010.

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“CYCLE D” Determination Letter Program Now Open

Filed under: Determination Letters, Qualified Retirement Plans

Under the IRS’s determination letter program, all individually designed plans (i.e., those that are not maintained on either a prototype or volume submitter document) are on a 5-year cycle for renewing their determination letters.  Plans in “Cycle D” may now file their determination letter applications.  The deadline for filing these applications is January 31, 2010.

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“CYCLE C” Determination Letter Program Now Open

Filed under: Determination Letters, Qualified Retirement Plans

Under the IRS’s determination letter program, all individually designed plans (i.e., those that are not maintained on either a prototype or volume submitter document) are on a five-year cycle for renewing their determination letters. Plans in “Cycle C” may now file their determination letter applications. The deadline for filing these applications is January 31, 2009.

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IRS Opens New Determination Letter Program

Filed under: Determination Letters, Reporting and Disclosure

On February 1st, the IRS began accepting determination letter applications with respect to individually designed retirement plans under its new system of staggered applications. Because the IRS’ review of determination letter applications filed during this initial period will take into account the requirements of the Economic Growth and Tax Relief Reconciliation Act of 2001 (or “EGTRRA”), the IRS refers to this as the “EGTRRA remedial amendment period.”

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Monday, February 13, 2012

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Thursday, March 08, 2012

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Employee Benefits Group

Spencer Fane’s Employee Benefits Group has earned a national reputation developing innovative benefits solutions to meet client needs. From left to right: Melissa Hinkle, Rob Browning, Chadron Patton, Ken Mason, Larry Jenab, Julia Vander Weele and Greg Ash.

Benefits in Brief Volume 2011 Issue IV


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Benefits in Brief Volume 2011 Issue II


Benefits in Brief Volume 2011 Issue I