IRS Rev. Proc.: Procedures for Employee Plans Letter Rulings, Determination Letters

The IRS has issued revenue procedures for requesting letter rulings and determination letters from the Employee Plans Rulings and Agreements Office regarding qualified retirement plans, § 403(b) plans, and related employee benefit matters. The guidance details required forms, documentation, user fees ranging from $300 to $35,200, electronic submission requirements via www.pay.gov, notice procedures for interested parties, and processing timelines. Key provisions include mandatory electronic filing for most applications, updated fee structures, and specific procedures for pre-approved plans, plan terminations, and multiple employer arrangements. The revenue procedure also establishes the scope of determinations, reliance standards, and administrative remedies available to applicants. ...