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Any Movement from the IRS under 2005-80 Settlement Initiative for 412(i) Plans?


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Guest EMM118
Posted

I was wondering if anyone has heard anything from the IRS regarding Code Section 412(i) plans and IRS Announcement 2005-80 Settlement Initiative. I understand that these reviews will be centralized. An IRS representative recently stated to me that plan sponsors would be contaced in the next couple of weeks to discuss participation in the program. Has anyone heard anything yet on this subject?

Thanks in advance. Ed

Guest FLMaster
Posted

There is a lawsuit against Indy Life, but I am not sure if that is part of the initiative.

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