Determinations
Revisions to the Employee Plans Determination Letter
Program: (Notice 2016-3) will update Revenue Procedure 2007-44 and:
·
allow controlled groups and affiliated service groups that
previously made a Cycle A election to submit determination letter applications
during the third Cycle A submission period (February 1, 2016 - January 31,
2017);
·
revoke any expiration dates on determination letters issued prior
to January 4, 2016; and
·
extend the period from April 30, 2016, to April 30, 2017, during
which certain employers may establish or adopt a defined contribution
pre-approved plan on or after January 1, 2016, and may, if eligible, apply for
a determination letter.
New Guidance
Treatment of same-sex marriages – additional guidance for
retirement plans (Notice 2015-86)
Deadline for adoption of discretionary plan amendments – interim guidance for EP
Determinations and Examinations employees (TEGE-07-1215-0026)
Updated Forms and Publications
2015 Form 5500-EZ, Annual Return of One-Participant (Owners
and Their Spouses) Retirement Plan (instructions)
Publication 560 (01/2016), Retirement Plans for Small Business
(SEP, SIMPLE, and Qualified Plans)
Publication 590-A (01/2016), Contributions to Individual Retirement
Arrangements (IRAs)
2016 Form 1099-R, Distributions from Pensions, Annuities,
Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, Etc.
2016 Form 5498, IRA
Contribution Information
2016 instructions for Forms 5498 and 1099-R, Distributions from Pensions, Annuities,
Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, Etc.,
and IRA Contribution
Information
Corrected mailing address for Form 5308, Request for Change in Plan/Trust Year
(Under section 412(d)(1) of the Internal Revenue Code):
Internal Revenue Service
Attn: EP Letter Rulings
Stop 31
P.O. Box 12192
Covington, KY 41012-0192
Attn: EP Letter Rulings
Stop 31
P.O. Box 12192
Covington, KY 41012-0192
No comments:
Post a Comment