Jakyasar Posted November 11, 2020 Share Posted November 11, 2020 Hi If the plan adopts the 2020 non-elective SH between 12/1 and 12/31/2020 i.e. 4%, what needs to be done/when to switch to 3% for 2021? Thank you Link to comment Share on other sites More sharing options...
JackS Posted November 11, 2020 Share Posted November 11, 2020 If they are planning to keep the SH going forward I would just include that in the amendment. Otherwise, you'll be doing amendment every year they want to use a SH and you'll need to get the amendment and notices out timely in order to utilize the 3% SH. Luke Bailey 1 Link to comment Share on other sites More sharing options...
Jakyasar Posted November 11, 2020 Author Share Posted November 11, 2020 Do you agree that if not amended by 12/31/2020, it is 4% for entire 2021? Link to comment Share on other sites More sharing options...
JackS Posted November 11, 2020 Share Posted November 11, 2020 14 minutes ago, Jakyasar said: Do you agree that if not amended by 12/31/2020, it is 4% for entire 2021? if your amendment does not specify that it's 4% for the 2020 year only, then yes, I think you have a 4% SH for 2021. Link to comment Share on other sites More sharing options...
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