Plan Document Preparation & Maintenance
IRS rules require retirement plans to have a written document to formalize how the plan will operate. Once we have finalized the plan design to your satisfaction, we will prepare the necessary plan document, resolutions, amendment, and trust agreement. Most of our plan documents have been pre-approved by the Internal Revenue Service (IRS). However, in many cases we will still submit your plan document to the IRS for an individual opinion letter to provide the additional security that comes with a custom letter.
In the future, your retirement plan needs may change. We will review your plan to make sure the design meets your needs and, if necessary, we will suggest amendments to improve the design. In addition, you can be assured that we will make sure your plan is always up-to-date with IRS requirements.