Article
IRS Updates Model Language for Traditional, Roth, and SIMPLE IRAs
On June 16, 2010, the Internal Revenue Service (IRS) updated its Listings of Required Modification (LRMs) for Traditional IRAs, Roth IRAs, and SIMPLE IRAs. The IRS provides the LRMs as model language to assist sponsors in drafting IRA trust and custodial agreements and annuity contract endorsements.
Sutherland Asbill & Brennan LLP
