Enda80
Mar 28 2008, 09:24 PM
If a plan does not timely amend for GUST, EGGTRA, 401(a)(9) or 401(a)(31), what penalties or options follow? Is a self-correction or voluntary correction program possible?
Everett Moreland
Mar 29 2008, 10:31 AM
This can be corrected by filing with the IRS under Revenue Procedure 2006-27, 2006-22 I.R.B. 945, at the following link:
ftp://ftp.irs.gov/pub/irs-irbs/irb06-22.pdfSearch RP 2006-27 for "nonamender".