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Preapproved 401(a) Plan - Deadline for Adopting Amendment for Final Hardship Reg/ BBA '18?


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Hoping someone can share their knowledge as to the deadline for adopting an amendment to a preapproved governmental 401(a) plan to update the plan document for the final hardship regs/BBA '18.  Thanks!

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The later of a) December 31, 2021 or b) 90 days after the close of the third regular legislative session of the legislative body with the authority to amend the plan that begins on or after the date of issuance of the Required Amendments List in which the change in qualification requirements appears.  The RAL in this case was issued at the end of 2019, so you'd count from there.

Employee benefits legal resource site

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