Retirement Plan Qualification Protection Through Internal Controls and Self-Audits

Retirement Plan Maintenance Helps Reduce Risk of IRS Disqualification

The complex rules governing retirement plans leave plenty of opportunities to make mistakes.  Establishing a routine for “plan maintenance” can help minimize the risk of running afoul of the IRS requirements for plan qualification.  The IRS has provided a helpful roadmap for plan sponsors who want to keep their plans running smoothly. Consider using the IRS roadmap to review the effectiveness of your plan’s operations.