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Posted

As part of our application for a determination letter on a pretty standard 401(k) plan, we received a letter from the IRS that said the initial review has been completed and the file forwarded to Quality Assurance staff for review. I have never seen this before. Does anyone have insight on why this is happening to us now?

Guest Sieve
Posted

It's just an internal IRS audit, not related to anything they found in your plan. I've had a bunch of these over the years, and have never received any further communication from the IRS except, eventually, an FDL.

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