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IRS Posts Plan Qualification Changes


By Rebecca Moore

The IRS has issued Notice 2010-90, which provides a cumulative list of changes in plan qualification requirements.

The notice contains the 2010 Cumulative List of Changes in Plan Qualification Requirements (2010 Cumulative List) described in Section 4 of Rev. Proc. 2007-44, 2007-2 C.B. 54.

The IRS said these plans will primarily be single employer individually-designed defined contribution plans, including employee stock ownership plans (ESOPs), and single employer individually-designed defined benefit plans that are in Cycle A and defined contribution pre-approved plans (that is, defined contribution plans that are master and prototype (M&P) or volume submitter (VS) plans) for the second submission under the remedial amendment cycle under Rev. Proc. 2007-44.