AlbanyConsultant Posted October 25, 2016 Report Share Posted October 25, 2016 Sponsor wants to amend the SEP to make eligibility more restrictive. Can that be done midyear, or does it have to wait until the start of the new year? I don't know yet what kind of SEP. Thanks. Link to comment Share on other sites More sharing options...
Belgarath Posted October 25, 2016 Report Share Posted October 25, 2016 Assuming it is a 5305-SEP, I'm going to go out on a limb and say yes. My only basis for this statement is that page 2 of the SEP agreement, item #3 under "Completing the agreement" provides for amending the SEP document, with a copy of the amendment and a statement of the effects furnished to the participant within 30 days. Link to comment Share on other sites More sharing options...
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