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IRS Updates Qualified Plan ?Ç£Fix-It?Ç¥ Guides

The Internal Revenue Service (the ?Ç£IRS?Ç¥) recently updated the retirement plan ?Ç£Fix-It?Ç¥ guides (the ?Ç£Guides?Ç¥) published on its website.?á The Guides provide tips on how to identify, correct, and avoid common mistakes in retirement plans.?á There are separate Guides for each of the following types of retirement plans: 401(k), 403(b), SEPs, SIMPLEs, and SARSEPs. E ach guide provides (i) an overview of the rules for each type of plan and the Employee Plans Compliance Resolution System, (ii) a description of the most frequent errors found by the IRS for each type of plan, and (iii) guidance on how to find, fix, and avoid the most common errors. Copies of the Guides are available here.

May 2013
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