The Internal Revenue Service plans to extend a temporary relief measure that would enable some retirement plan elections to be signed remotely.
- The six-month extension, through Dec. 31, 2022, due to the ongoing pandemic, means that certain plan elections can be done remotely using electronic technology instead of requiring the physical presence of a plan representative or a notary public.
- The relief measure was first put in place in March 2020, and then extended a few times, and had been scheduled to expire after June 30, 2022.