Tuesday, February 14, 2023

QI Agreement Renewal Link Alert

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Qualified Intermediaries News February 14, 2023

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Issue Number:    2023-04


QI Agreement Renewal Link Alert

The renewal link for all QIs to renew their QI Agreements per Rev. Proc. 2022-43 is now available in the Activity Center of the Home Page on the Qualified Intermediary Application and Account Management System (QAAMS).

Rev. Proc. 2022-43 provides that a QI that seeks to renew its QI Agreement with an effective date of January 1, 2023, must do so between January 1, 2023, and March 31, 2023, but the IRS extended this renewal due date to May 1, 2023.

Accordingly, all QIs that seek to renew their QI Agreements with an effective date of January 1, 2023, must do so through QAAMS by May 1, 2023.

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