merlin
Jun 17 2004, 08:49 AM
Plan's prior actuary changed funding method in 02 to FIL. We've taken the plan over the plan for 03, so I believe we're restricted to FIL under sec. 4.03 of RP 2000-40. No other automatic approval is available, right?
What about 04? Can I change to some other method under 2000-40, or have I started another 4-year clock by the "change" in 03?
Blinky the 3-eyed Fish
Jun 17 2004, 12:36 PM
You are correct that you are stuck with FIL. You can't change it in 2004, 2005, 2006 or 2007.
I am not sure what you mean when you are asking if another 4-year clock starts by the change in 2003. What change? If it's the simply the takeover change, well that doesn't affect the right to change funding methods.
pax
Jun 18 2004, 05:29 PM
2007 ?
Blinky the 3-eyed Fish
Jun 18 2004, 05:51 PM
Oops. Counting error incurred. 2007 you are good to go on the change.
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