IRS Announces Intent to Issue Opinion Letters for Certain Pre-Approved DB Plans
Published February 09, 2023
The Internal Revenue Service (IRS) released Announcement 2023-6
providing that it intends to issue opinion letters for pre-approved
defined benefit (DB) plans that were updated for changes in plan
qualification requirements listed in Notice 2020-14, 2020-13 I.R.B. 555
(the 2020 Cumulative List) and that were filed with IRS during the third
six-year remedial amendment cycle under the remedial amendment cycle
system for pre-approved plans established under Rev. Proc. 2016-37,
2016-29 I.R.B. 136 (newly approved plans).
IRS expects to issue the letters on February 28, 2023, or, in some cases, as soon as possible thereafter.