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Priorities of IRS Tax Exempt/Governmental Entities Division for FY 2016
Internal Revenue Service [IRS]Link to more items from this source
Oct. 2, 2015

"In FY 2016, [the Employee Plans Office] will continue to: [1] develop, maintain and refine a comprehensive collection of enforcement mechanisms that identify and focus efforts on addressing retirement plan non-compliance, [2] leverage existing programs and learned best practices to enhance voluntary compliance, and [3] address and eliminate fraudulent and abusive schemes that undermine the retirement system.... We anticipate greater than 24,000 individually-designed plan case receipts and greater than 1,500 defined benefit pre-approved plans. This is in addition to the 403(b) pre-approved plan submissions that were received in mid-FY 2015."

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