Does Your Organization’s Retirement Plan Need a Private Letter Ruling?
Since January 1, 1975 the federal government has safeguarded people who place their assets in 401(a) and 403(b) retirement plans. These safeguards often come with extensive recordkeeping requirements that underfunded, understaffed churches and non-profit organizations may find themselves overburdened by. One option available to both churches and non-profits is they may apply to the IRS […]