IRS Posts Revised 401(k)/401(m) Plan Modifications

January 10, 2006 – The IRS has today posted revised “listing of required modifications” (LRM) language for cash or deferred arrangements reflecting final IRC Secs. 401(k) and 401(m) regulations and recently released final regulations for designated Roth contributions to 401(k) plans.  LRM language is used by drafters of pre-approved retirement plan documents, including those documents currently being drafted by BISYS for the EGTRRA restatement process.

The revised LRMs language may be accessed at the following, http://www.irs.gov/pub/irs-tege/coda_lrm0106.pdf.