Laws change frequently and plans need to be amended to comply with the most recent requirements.
Resources for drafting or modifying plan language
- Listings of required modifications (LRMs)
Sample plan language for pre-approved plans
- Operational compliance list
List of changes in qualification requirements effective during a calendar year
- Cumulative lists of changes in plan qualification requirements
Items that may require amendments (post-2015 lists are for pre-approved plan cycles only)
- Required amendments lists
Annual list of guidance that may require plan amendments (beginning 2016)
- Reference lists
Fillable annual checklist of new guidance items affecting plan documents
- IRS checklists for retirement plan documents
Worksheets and explanations (Alert Guidelines) used by the IRS in reviewing plans
- Recurring plan issues found in determination case review
Common mistakes in plain language and tips on how to correct them
Amendment cycles
- 5-year cycle for individually designed plans (ending January 1, 2017)
- 6-year cycle for pre-approved plans
- Overview of staggered remedial amendment cycles