FYI,

Everyone with non-calendar year plans, especially New Comp. Plans, should read the post by Tom Poje on 04-03-2000 titled "limitation year / non-calendar year plans".

I read Sal Tripodi's write-up on the $35,000 limit at his website ("$35,000 limit for DC plans takes effect for years ending after December 31, 2000" at http://www.cyberisa.com/erisa_new.htm ) and was surprised when the new limit can take effect. Tom Poje's posting did a great job of explaining to me why this limit can apply now.

Thank you for this post. Many had not noticed this.

Here's a link to Tom's message:

http://benefitslink.com/boards/index.php?showtopic=4918