The IRS issued (Notice 2013-84) the 2013 cumulative list of changes in plan qualification requirements that are intended for use by plan sponsors of Cycle D individually designed qualified retirement plans and multiemployer plans for the second submission under the remedial amendment cycle described in Rev. Proc. 2007-44.
This cumulative list informs plan sponsors of requirements the IRS has specifically identified for review in determining whether Cycle D plans have been properly updated. Cycle D plans primarily include single-employer individually designed defined contribution plans and defined benefits plans with an employer identification number ending in either 4 or 9. Cycle D plans also include Section 414(f) multiemployer plans. Cycle D plan sponsors may begin submitting their determination letter applications on Feb. 1, 2014. A plan must comply with all relevant qualification requirements, not just those on the 2013 cumulative list.
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