IRS Schedules Plan Terminations Phone Forum for May

The Internal Revenue Service (IRS) will hold a phone forum next month about retirement plan terminations.

The free phone forum, “Plan Terminations: What You Need to Know Before You Terminate That Plan,” will be held on May 6 at 2 p.m. EST. The one-hour session will feature IRS employees discussing important items to review when a retirement plan terminates, such as:

  • How to set the date of termination;
  • The permanency requirement;
  • The need to update the plan for all law requirements; and
  • Accelerated vesting requirements.

The forum will also discuss the different types of terminations for defined benefit plans and what happens if the plan is overfunded or underfunded.

Questions on this topic should be emailed by April 21 for inclusion in the forum.

Those interested can register for the forum here. After registering, an email will be sent with detailed access instructions.

After participating in the forum, attendees will be asked to complete and send Form 14364, Continuing Education Evaluation, to

More information, including materials from previous phone forums, can be found here.