Belgarath Posted October 13, 2014 Share Posted October 13, 2014 Wow, it has been a long time since I've looked at one of these. Trying to refresh my memory. They want to amend/restate MP plan to a PS plan. Calendar year MP plan, with a 1,000 hour AND last day requirement. The 204(h) notice has to be given (large plan) at least 45 days prior to the effective date of the amendment. So, let's say they want to avoid a MP contribution for 2015. As long as the "effective date" of the amendment is, say, March 1, so that no one can have reached 1,000 hours, is there any problem? They haven't "accrued" anything under the MP plan at that point. (Actually, as far as that goes, the amendment should be allowable up to December 30, 2015, as long as the Notice is provided at least 45 days prior to that, right?) Link to comment Share on other sites More sharing options...
K2retire Posted October 13, 2014 Share Posted October 13, 2014 That's the way I remember it. Link to comment Share on other sites More sharing options...
Belgarath Posted October 14, 2014 Author Share Posted October 14, 2014 Thanks. Maybe this only happens to me, but sometimes when I'm in the middle of 16 things, I get a question to which I really know the answer if I'd just take a deep breath and clear my head, but instead I give it a quick thought with a small part of my so-called brain, and suddenly find myself confused. Very annoying... K2retire 1 Link to comment Share on other sites More sharing options...
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