SIMPLE SEP amendment

[Guest Shelton]

What's the general opinion on whether or not the IRS will require a signature amendment to IRA based employer plans?

Do you think a custodian will be required to provide IRA owners with a copy of the amended IRA plan document, whether or not the amendment requires a signature?

Finally, shouldn’t the amendment to the disclosure statement include changes to GUST?

Thanks

[Gary Lesser]

It is unlikely that a signature is always required. See IRS Ann 93-8 (1993-3 IRB 61)