Featured Topics
Retirement Industry
Magazine Archive
Education/Advice
Where Do you Go for Financial Advice?
According to IRS Announcement 2010-20 , the letters are expected to go out on March 31, 2010, or in some cases, as soon as possible thereafter. A plan that receives a favorable letter with respect to its restatement for EGTRRA and the 2006 Cumulative List is referred to as an "EGTRRA-approved plan." Employers using these pre-approved plan documents to restate a plan for EGTRRA and the 2006 Cumulative List will be required to adopt the EGTRRA-approved plan document by April 30, 2012. The Service will accept applications for individual determination letters submitted by adopters of these pre-approved plans starting on May 1, 2010.
According to IRS Announcement 2010-20 , the letters are expected to go out on March 31, 2010, or in some cases, as soon as possible thereafter. A plan that receives a favorable letter with respect to its restatement for EGTRRA and the 2006 Cumulative List is referred to as an "EGTRRA-approved plan."
Rebecca Mooreeditors@plansponsor.com
Copyright ©1989-2011 Asset International, Inc. All Rights Reserved. No Reproduction without Prior Authorization