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Good faith amendments and gov't plans


Guest David G
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Has any one noticied if the IRS has addressed the ability or inability of many governmental plans to adopt the good faith amendments required under the recent IRS notices within the timeframes apparently required? Usually governmental plans are granted additional time to adopt amendments to their plan greater than what is required for the private sector.

I suspect that many plans will have difficulties in getting state legislatures to move as quickly as may be required by the notices.

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