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Showing content with the highest reputation on 08/06/2013 in Posts
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DCAP mid-year change
SLuskin reacted to pcbenefits007 for a topic
Everything I'm finding says that this type of status change could allow an increase, decrease or drop. Either case is in line w/ the consistency rule based on a participant's particular situation. I see nothing yet that says a proration is disallowed.1 point -
The broker is incorrect. The uniform coverage rule is contained in Section 125, which is part of the Internal Revenue Code and not ERISA. Government employers are generally subject to Code Section 125 in the same way as other employers.1 point
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Forksnknives is correct. You need to check the plan documents first because there is no requirement that a plan allow for changes. If your plan does allow for these types of changes (costs) then the participant can make the change.1 point
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I was just saw these posts, and that 's what I was thinking too. I am under the impression that groups above 100, that are required to file 5500's are required to do SAR's.1 point
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