IRS Extends Plan Amendment Deadlines
August 4, 2022
On August 3rd, the IRS announced in Notice 2022-33 that it is extending the deadline for amending a retirement plan to reflect the provisions of the CARES Act, SECURE Act, and Bipartisan American Miners Act of 2019.
For most plans, the new amendment deadline is extended to December 31, 2025. Previously for nongovernmental calendar year plans, the deadline was December 31, 2022. For non-calendar year plans, the deadline was the last day of the first plan year beginning after December 31, 2021.
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