Extension for Certain Pre-Approved Defined Benefit Plans

The IRS has announced an extension for requesting an advisory opinion for pre-approved defined benefit plans for the second round.

Document Excerpt

 This announcement extends to February 2, 2015, the deadline to submit on-cycle applications for opinion and advisory letters for pre-approved defined benefit plans for the plans’ second six-year remedial amendment cycle. This extension applies to defined benefit mass submitter lead and specimen plans, word-for-word identical plans, master and prototype minor modifier placeholder applications, and non-mass submitter defined benefit plans. Under Rev. Proc. 2007-44, 2007-2 C.B. 54, and Rev. Proc. 2011-49, 2011-44 I.R.B. 608, the submission period for these applications is scheduled to expire on January 31, 2014.

Link http://www.irs.gov/pub/irs-drop/a-14-04.pdf

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