Qualified Plans: Approaching Compliance Deadline for Cycle A Plans
All qualified retirement plans that are categorized as "Cycle A" plans must be restated and submitted to the IRS for approval on or before January 31, 2012. Cycle A plans include individually designed plans that are sponsored by employers whose taxpayer identification numbers end with 1 or 6. Satisfaction of this restatement deadline will help ensure that affected retirement plans maintain their qualified status.
Contact your employee benefits counsel at Foster Swift for more information.