Category Archives: Determination Letters

In a few weeks, on January 31st, Cycle B ends and Cycle C begins. Cycle C marks the middle of this great experiment called the EGTRRA remedial amendment cycle restatement period. Like all experiments, charts and tables come in handy. … Continue reading →

Back on September 19th, the IRS issued Announcement 2007-90, announcing that beginning December 18th, 2007, the IRS would temporarily stop accepting applications for determination letters for defined contributions plans filed on Form 5307. Any determination letter application for a defined … Continue reading →

Today, the IRS issued Announcement 2007-90. It states that on December 18, 2007, the IRS will temporarily stop accepting applications for determination letters for defined contribution plans that are filed on Form 5307. The Service states that this temporary hiatus … Continue reading →

What happens if you thought a plan was not a Cycle A plan, and so you did not restate it for EGTRRA and did not submit it for a determination letter by January 31, 2007, and then you read Rev. … Continue reading →

Today, the IRS published Revenue Procedure 2007-44, which is the long-awaited revision to Rev. Proc. 2005-66. (Hat tip to Benefitslink.com) For defined benefit pension plan geeks, we are celebrating tonight because the deadline for submitting the plans for opinion/advisory letters … Continue reading →

How often should a plan document be restated? Not an easy question to answer because it can be more often than waiting for the mandatory restatements periodically required by the IRS. A little remembered section of Revenue Procedure 2007-6 requires … Continue reading →