IRS Issues 2020 Cumulative List for Pre-Approved DB Plan Documents

The IRS has issued Notice 2020-14, in which the IRS provides the 2020 Cumulative List of Changes in plan qualification requirements that must be reflected in pre-approved defined benefit (DB) pension plan documents.

The 2020 Cumulative List enumerates specific items that the IRS has identified for review when determining whether a DB plan that is filing for an opinion letter has been properly updated. The IRS notes that the 2020 Cumulative List includes statutory changes enacted and regulatory provisions issued between October 1, 2012, and December 1, 2019.