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Announcement 2020-14: Increased user fees for employee plan rulings and determinations

Increased user fees for employee plan rulings

The IRS today released an advance version of Announcement 2020-14 reporting that user fees relating to certain requests for letter rulings and determination letters submitted with Employee Plans Rulings and Agreements will increase in four categories, effective January 4, 2021.

1000

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Announcement 2020-14 [PDF 44 KB] states that the increased user fees described in today’s announcement will be reflected in Rev. Proc. 2021-4—the annual revenue procedure that is scheduled for release on January 4, 2021.

According to today’s release, Rev. Proc. 2021-4 will reflect increased user fees for the following types of letter ruling and determination letter requests:

Type of user fee

Current user fee (Rev. Proc. 2020-4)

User fee effective January 4, 2021 (Rev. Proc. 2021-4)

Letter ruling request for five-year automatic extension of the amortization period

$1,000

$6,500

Form 5300, Application for Determination for Employee Benefit Plan

$2,500

$2,700

Form 5307, Application for Determination for Adopters of Modified Volume Submitter Plans

$800

$1,000

Form 5310, Application for Determination for Terminating Plan

$3,000

$3,500

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