This advisory reminds plan sponsors of deadlines for amending qualified retirement plans and certain year-end legal updates.
Plan sponsors who have added optional features to a retirement plan during 2017 (e.g., a plan loan feature) must ensure that the associated “discretionary” amendments are signed no later than December 31, 2017 (for calendar-year plans). If you have made any discretionary amendments, you should take some time to make sure they have been formally adopted by the end of the year.
Please see full publication below for more information.