The IRS has extended the deadline to make certain amendments for IRAs, SEP arrangements, and SIMPLE IRA plans to December 31, 2027. The extension was announced in IRS Notice 2026-9, which provides additional time for amending retirement arrangements to comply with the SECURE 2.0 Act of 2022. Under the notice, plan administrators now have until the end of 2027, to formally amend their plans—but there’s still the possibility of a further extension if additional guidance is issued.

Specifically, the extended deadlines apply to the provisions of the SECURE Act, sections 2202 and 2203 of the CARES Act, section 302 of the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (the Relief Act), and the SECURE 2.0 Act.

Earlier guidance in Notice 2024-2 had already pushed these deadlines back. However, in comments submitted to the Treasury Department and the IRS, stakeholders explained that IRA custodians and providers require additional time—particularly because the Treasury Department and the IRS have not yet issued model amendment language for IRAs, SEP arrangements, and SIMPLE IRA plans.

Sections 2202 and 2203 of the CARES Act were enacted in response to the COVID-19 pandemic to give retirement savers greater access to funds and administrative flexibility during 2020. Section 2202 permitted “coronavirus-related distributions” of up to $100,000 from retirement plans and IRAs for affected individuals, waived the 10% early-withdrawal penalty, allowed income from those distributions to be spread over three........

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