Employee plan determination letters.

• Author: Josephs, Staurt R.
• Position: FED TAX UPDATES - Brief article

Effective Jan. 1, 2017, the staggered five-year determination letter remedial amendment cycles for individually designed plans will be eliminated and the scope of this program will be limited to:

* Initial plan qualification, and

* Qualification upon plan termination.

Transition relief may be available.

Effective July 21, 2015, the IRS will not accept off-cycle determination...