Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Bates & Company, Inc.
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Compass
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AimPoint Pension
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Text of IRS Rev. Proc. 2008-56 Removes Retroactive Reliance 'Caveat', Relaxes Rules for Pre-Approved Plans Using Mass Submitter Language (PDF)
Internal Revenue Service [IRS] [Official Guidance] Sept. 17, 2008
4 pages; modifies Rev. Proc. 2007-44. Excerpt: [A]n eligible employer may rely on a pre-approved plan's EGTRRA opinion or advisory letter to retroactively amend its plan for EGTRRA and the other qualification changes listed in Notice 2004–84, 2004–2 C.B. 1030, ('the 2004 Cumulative List') by adopting the pre-approved plan within the adoption period ending on April 30, 2010, even if the application for the opinion or advisory letter for the plan was submitted off-cycle. Any EGTRRA opinion or advisory letters that have been issued with a caveat prohibiting retroactive reliance will be reissued by the Service to remove the caveat.
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