IRS Extends GUST Deadline to February

November 14, 2001 (PLANSPONSOR.com) ? The Internal Revenue Service on Wednesday extended the GUST remedial plan amendment period from December 31, 2001 to February 28, 2002.

Also, according to IRS Revenue Procedure 2001-55, the GUST remedial amendment period for plans directly affected by the September 11 terrorist attacks has been extended another six months to June 30, 2002.

Plans showing “substantial hardship” as a result of the attacks can get an even longer postponement, the IRS said.

For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.

 

Read the IRS Announcement  

Read more about the IRS update list of frequently asked questions and answers about the plan amendment and filing process (including GUST Amendments) at http://www.irs.ustreas.gov/bus_info/ep/determs.html

See the IRS list of M&P and VS plans submitted for GUST opinion or advisory letters at http://www.irs.ustreas.gov/bus_info/ep/mplist.html

«