IRS publishes guidance for IRC Section 403(b) plan sponsors seeking certain determination letters

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November 8, 2022
2022-1673

The IRS has published guidance (Revenue Procedure 2022-40) that will allow a plan sponsor maintaining an IRC Section 403(b) individually designed plan to request a determination letter from the IRS regarding (1) an initial plan determination, (2) a determination upon plan termination, and (3) certain other circumstances identified in guidance published in the Internal Revenue Bulletin.

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