Tax Analysts Quotes Don Wellington on Determination Letter Changes

September 21, 2015

Steptoe partner Don Wellington was quoted by Tax Analysts in an article titled “ABA Meeting: Concern Over Governmental Plan Determination Letter Changes.”  The article, published September 21, discusses the IRS’s new retirement plan determination letter program.

Mr. Wellington says limiting determination letters to initial qualifications or terminated plans is meaningless for governmental plans.  “We’ve got a potential reversal of the great strides we’ve made over the last six years in reaching out to the governmental plan community.  There was a great deal of outreach done to try and get governmental plans to come in out of the woodwork and get determination letters, get in compliance,” Mr. Wellington tells Tax Analysts.

The full article can be read at Tax Analysts (subscription required).