McDermott Rolls Out Determination Letter Program

 The firm is launching a new program for 403(b) plans.

McDermott Will & Emery law firm is releasing a new program to help retirement plan sponsors comply with plan document requirements. 

The McDermott Retirement Plan Compliance Program is a new opinion letter and operational review program for individually designed 401(a) and 403(b) retirement plans, which will allow plan sponsors to document their plans’ compliance with tax code requirements in response to the curtailment of the Internal Revenue Service’s (IRS’) determination letter program.

The move comes as several firms including Trucker Huss and Hanson Bridgett aim to help sponsors remain complaint after the IRS officially ended its determination letter program.

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