Save time with our cheat sheets, fact sheets, checklists & books!

February 16, 2009

Notification letter


Notification letter


Letter issued by the IRS or to the IRS , notifying the receiving party about the qualified status of a plan, or seeking a determination as to the qualified status of a plan.

Examples of notification letters include the following:

  • Notification Letter – A “notification letter” is a written statement issued by the Service to a regional prototype plan sponsor or mass submitter under Rev. Proc. 89-13 as to the acceptability of the form of an M&P plan and any related trust or custodial account under §§ 401(a), 403(a), and 501(a). Revenue Procedure 2000-20
  • TRA ’86 Opinion or Notification Letter – A “TRA ’86 opinion or notification letter” is a favorable opinion or notification letter issued by the Service on or after January 4, 1990, under Rev. Proc. 89-9 or Rev. Proc. 89-13, which considers the effect of the Tax Reform Act of 1986, Pub. L. 99-514 (TRA ’86). Revenue Procedure 2000-20
    1. Notification letters to the IRS may include those from the plan sponsor, regarding the plans failure to operate in compliance with regulatory requirements, and the corrective procedures that has been or will be taken.

Referring Cite

Revenue Procedure 2000-20, IRS plan correction procedures

Additional Helpful Information



Keep Learning

Applicable RMD Age

Applicable RMD Age The first year for which an IRA owner or plan participant must begin to take RMDs from their tax-deferred retirement account. RMDs

SIMPLE 401(k) Plan

Definition A SIMPLE 401(k) plan is a 401(k) plan established by a small business for it’s employees. Earnings accrue on a tax-deferred basis and distributions

Required Minimum Distribution (RMD)

Definition The minimum amount that must be withdrawn from retirement accounts, including qualified plans, 403(b) accounts, 457(b) accounts or IRAs, each year.  For retirement account

Required beginning date (RBD)

Definition The date by which a retirement account owner must begin distributing required minimum distribution (RMD) amounts from a Traditional,  SEP or SIMPLE IRA, a

Be among the first to know when

IRA Rules