Guest EB36 Posted June 18, 2010 Report Share Posted June 18, 2010 What is the deadline for governmental plans to amend to comply with the applicable 401(a)(9) regulations? Also, did anyone submit a Cycle C governmental plan and find that the IRS asked for a 401(a)(9) amendment from 2003? It's my understanding that governmental plans were unlikely to need an interim amendment in 2003 to comply with the 2002 401(a)(9) final regulations and that they have until the end of their EGTRRA RAP to amend for 401(a)(9), but I'm wondering if this is the position the IRS is taking on the issue. Would appreciate any suggestions or comments on governmental plans and 401(a)(9) document compliance. Link to comment Share on other sites More sharing options...
Randy Watson Posted October 2, 2012 Report Share Posted October 2, 2012 What is the deadline for governmental plans to amend to comply with the applicable 401(a)(9) regulations? Also, did anyone submit a Cycle C governmental plan and find that the IRS asked for a 401(a)(9) amendment from 2003? It's my understanding that governmental plans were unlikely to need an interim amendment in 2003 to comply with the 2002 401(a)(9) final regulations and that they have until the end of their EGTRRA RAP to amend for 401(a)(9), but I'm wondering if this is the position the IRS is taking on the issue. Would appreciate any suggestions or comments on governmental plans and 401(a)(9) document compliance. I'm wondering the same thing. Bump. Link to comment Share on other sites More sharing options...
Everett Moreland Posted October 10, 2012 Report Share Posted October 10, 2012 My memory is that the remedial amendment period to amend a governmental DC plan for 401(a)(9) is governed by Notice 2003-72 and to amend a governmental DB plan for 401(a)(9) is governed by Notice 2003-10. I don't recall an extended remedial amendment period for 401(a)(9) for governmental plans. Link to comment Share on other sites More sharing options...
Guest KennyH Posted November 14, 2012 Report Share Posted November 14, 2012 Notice 2010-77 That was wrong, but something extended the deadline for amending plans to the last day of the plan year beginning on or after 1/1/2012 for governmental plans, so 12/31/2012 for caledar year plans. Does anyone know if there is an exemption from having to amend governmental 457(b) plans by the deadline? Governmental 457(b) plans are clearly subject to the temporary waive provided in 401(a)(9)(H), but I swear I read they were exmpt from the amendment requirement. Unfortunately, I can't seem to find that stated anywhere. Did I just dream that up? Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now