Qualified Plans — IRS Determination Letter Procedures (Portfolio 360)

Bloomberg Tax Portfolio, Qualified Plans — IRS Determination Letter Procedures, No. 360, focuses on the procedures for applying to the IRS for a letter determining that a pension plan is qualified under §401(a) of the Internal Revenue Code. Factors considered by the IRS are discussed and the necessary forms for most types of qualified pension plans are reviewed. Procedures for obtaining other types of IRS rulings and rulings from other federal agencies in relation to qualified pension plans are addressed. The Portfolio also addresses the circumstances under which sponsors of §401(a) and §403(b) plans can rely on opinion and advisory letters for pre-approved plans.

Worksheets contain practitioner aids and applicable IRS guidance.