Approval Process Disapproved: IRS Curtails the Determination Letter Program

August 26, 2015

The Internal Revenue Service (the “IRS”) on July 21, 2015, issued Announcement 2015-19, describing important changes to the determination letter program for individually designed tax-qualified retirement plans. These changes will limit the situations in which a plan sponsor may apply for a determination letter from the IRS.

Read "Approval Process Disapproved: IRS Curtails the Determination Letter Program."