No 2018 "Required Amendments" for Individually-Designed Plans

The Internal Revenue Service ("IRS") issued the 2018 Required Amendments List under IRS Notice 2018-91 on November 21, 2018. The IRS publishes a Required Amendments List annually. The Required Amendments list generally applies to changes in qualification requirements that become effective on or after January 1 of that year. The Required Amendments List establishes the date by which plan amendments must be made for changes in qualification requirements contained on the list. In general, a Required Amendment List will not include a change to the qualification requirements until guidance regarding such change (including any model amendments) has been provided in regulations or in other guidance published by the IRS. However, the IRS may include items on a Required Amendments List in other situations, such as when a statutory change is enacted and it is anticipated that no guidance will be issued.

There are no entries listing changes in qualification requirements on the 2018 Required Amendments List.

On Aug. 10, 2017, we published an e-alert entitled "Introducing Ice Miller's Qualified Plan Comply Now Program," which addressed how Ice Miller can assist you with keeping your plan documents in compliance with the IRS ongoing changes in qualification requirements in light of the IRS' near termination of its determination letter program.

For more information about Comply Now, please contact Audra Ferguson-Allen, Robert Gauss, Lisa Harrison, Lindsay Knowles, Tara Sciscoe, Chris Sears, or the Ice Miller LLP Employee Benefits attorney with whom you most closely work. 

This publication is intended for general information purposes only and does not and is not intended to constitute legal advice. The reader should consult with legal counsel to determine how laws or decisions discussed herein apply to the reader's specific circumstances.