Employee Benefits-IRS Issues New Listing of Required Modifications (LRMs)

In Employee Plans News, Issue No. 2015-6, June 10, 2015, the Internal Revenue Service (the “IRS”) issues an extensive, new Listing of Required Modifications (LRMs). The new listing is here. The IRS call the new listing a collection of information packages designed to assist sponsors who are drafting or re-drafting plans to conform with applicable law and regulations. The new listing includes LRMs for cash balance plans, ESOPS, 403(b) plans, defined benefit plans, defined contribution plans and CODAs.