IRS Announcement 2012-3 Extends Deadline for Pre-Approved Plan Opinion and Advisory Letter Applications | Practical Law

IRS Announcement 2012-3 Extends Deadline for Pre-Approved Plan Opinion and Advisory Letter Applications | Practical Law

The IRS has issued Announcement 2012-3, which extends the deadline to submit on-cycle applications for opinion and advisory letters for pre-approved defined contribution plans for the plans' second six-year remedial amendment cycle.

IRS Announcement 2012-3 Extends Deadline for Pre-Approved Plan Opinion and Advisory Letter Applications

by PLC Employee Benefits & Executive Compensation
Published on 23 Dec 2011 • USA (National/Federal)
The IRS has issued Announcement 2012-3, which extends the deadline to submit on-cycle applications for opinion and advisory letters for pre-approved defined contribution plans for the plans' second six-year remedial amendment cycle.
On December 22, 2011, the IRS issued Announcement 2012-3, which extends the deadline to submit on-cycle applications for opinion and advisory letters for pre-approved defined contribution plans for the second six-year remedial amendment cycle to April 2, 2012.
The submission period for applications for opinion and advisory letters for pre-approved plans was previously scheduled to expire on January 31, 2012.
The extension applies to the deadline for submitting on-cycle applications for opinion and advisory letters for:
  • Mass submitter lead plans.
  • Word-for-word identical plans.
  • Master and prototype plan minor modifier placeholder applications.
  • Non-mass submitter defined contribution plans.
According to Revenue Procedure 2011-49, released in October 2011, the second six-year remedial amendment cycle ends on January 31, 2017.
For additional information on applying for opinion and advisory letters for pre-approved defined contribution plans, see: