The IRS has updated and restated its revenue procedures governing determination letters for various types of employee benefit plans.
Rev. Proc. 2017-4 reflects the prior elimination of the five-year remedial amendment cycles for individually designed plans and includes other changes made to the determination letter program, including:
- limited-scope determination letters on partial terminations if an employer is not otherwise eligible to request a determination letter;
- determination letters on leased employees only if the employer is otherwise eligible to request a determination letter;
- no determination letters on affiliated service groups; and
- modified procedures for requesting relief from retroactive revocations of determination letters or letter rulings.