Morgan Lewis Provides Year-End Action Items for Retirement Plans

In “Tax-Qualified Retirement Plans: Amendments and Other Year-End Action Items”, Morgan Lewis reports that:

“Plan sponsors should consider whether they need to make certain plan amendments or provide certain plan notices prior to the end of the year.

The end of the year marks the deadline by which sponsors of qualified retirement plans may need to take various steps to preserve their plans’ tax-qualified status. This LawFlash describes two types of action items in particular—plan amendments and participant notices—that sponsors must adopt or provide by the end of 2013 (or relatively soon thereafter). The list is not exhaustive but is intended to serve as a reminder of items that plan sponsors should review and consider before the end of the year. The discussion below assumes that a plan has a calendar-year plan year.”

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