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> What happens if you do not timely amend?, If someone does not timely amend, is a self-correction program possibl
Enda80
post Mar 28 2008, 09:24 PM
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If a plan does not timely amend for GUST, EGGTRA, 401(a)(9) or 401(a)(31), what penalties or options follow? Is a self-correction or voluntary correction program possible?
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Everett Moreland
post Mar 29 2008, 10:31 AM
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This can be corrected by filing with the IRS under Revenue Procedure 2006-27, 2006-22 I.R.B. 945, at the following link:

ftp://ftp.irs.gov/pub/irs-irbs/irb06-22.pdf

Search RP 2006-27 for "nonamender".
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