pink binder with 401k written on spine (Photo: Shutterstock)

The Internal Revenue Service delivered good news this month to retirement plan sponsors scrambling to make year-end amendments required by recent legislation.

IRS Notice 2022-23 extends the deadline for updating qualified retirement plans required by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020, and the Bipartisan American Miners Act (BAMA) of 2019 until Dec. 31, 2025.

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