08.05.22

IRS Extends Plan Amendment Deadlines for SECURE Act Provisions

by: Rebecca Moore

The Internal Revenue Service has issued Notice 2022-33, extending the deadline for amending a retirement plan or individual retirement account to reflect certain provisions of the Setting Every Community Up for Retirement Enhancement Act. For a qualified non-governmental plan, including an applicable collectively bargained plan, the deadline to amend a plan for provisions of the SECURE Act and the regulations thereunder is Dec. 31, 2025. This previous deadline was the last day of the first plan year ending on or after Jan. 1, 2022.

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