Plan Correction Answer Book

by C. Frederick Reish, Bruce Ashton

The "plan" referred to in the title is one for correcting defects in qualified retirement plans for tax purposes. Partners in a Los Angeles law firm specializing in employee benefits overview how the Internal Revenue Service has handled qualification defects since 1998, when it consolidated remedial programs for restoring a plan's qualified status in the Employee Plans Compliance Resolution System (EPCRS). A question-and-answer format offers information in minimal legalese, examples, legal citations, and practitioner tips on common disqualifiers and how these programs operate. Substantial appendices include the directive governing EPCRS; a closing agreement checklist and sample; IRS code; other relevant federal regulations; related documents; and cases referenced to question numbers. Indexed by questions number. Annotation c. Book News, Inc., Portland, OR (booknews.com)

700 pages, Hardcover

First published December 20, 2000