Blog
Cycle 3
June 13, 2024
Legislative Update: Cycle 3 Restatement for Defined Benefit and Cash Balance Pension Plans
In order to maintain the qualified status of your Plan, your company must adopt certain amendments required by the Internal Revenue Service (IRS) to ensure your Plan continues to comply with all current laws. To adopt the appropriate amendments, the IRS requires that you adopt a new version of your Plan document, called a “Plan restatement.” To assist you with this restatement process, we will update your Plan Document as required by the IRS.
April 26, 2021
Legislative Update Part Two
In this article we bring you part two of the legislative updates for the Cycle 3 restatement. Learn more about the new legislation as well as what to do next. There is a tremendous amount of administrative compliance involved with these new laws.
February 18, 2021
Legislative Update
In this important article regarding mandatory retirement plan changes required by the IRS, we discuss frequently asked questions about the Cycle 3 restatement. Our experienced staff at Benefit Equity Inc. (BEI) can prepare the restatement for you, along with other required amendments.
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Legislative Update: Cycle 3 Restatement for Defined Benefit and Cash Balance Pension Plans
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On Deck with Michael Gorelick, President and Senior Pension Consultant