IRS Issues 2023 Cumulative List of Changes for Drafters of Pre-Approved Defined Contribution Plans

The IRS has issued Notice 2024-3, which contains the 2023 cumulative list of changes in requirements that must be taken into account by drafters of pre-approved defined contribution retirement plan documents for the fourth remedial amendment cycle (Cycle 4). Qualified plan documents may be submitted for opinion letters during the Cycle 4 on-cycle submission period, which begins February 1, 2024, and ends January 31, 2025.