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If truly a new plan, and not adding a safe harbor provision to an already existing 401(k) plan, then you could give the SH notice as late as January 1, 2017.

Thanks Bill. So if I understand what you're saying, the only way I could contribute to an LPFSA while on his medical plan is if my company allowed non-enrolled employees to setup one, which they don't, since it's tied to their offered HDHP plan. Seems unlikely that would ever be allowed. Wish the IRS would change it to be a family benefit just like an HSA.

Bah. have you forgotten how bigly my heart grew one day? (Thankfully it shrunk back to its normal size and I could get back to being the Grinch. Narrator: And what happened, then? Well, in Whoville they say-that the Grinch's small heart grew three sizes that day.

Anti-cutback rule only protects accrued benefits - not the right to accrue future benefits. So, if you have immediate eligibility, and you amend for the next year to be one year of service, then those folks who participated previously but do NOT have a year of service in any year will not be eligible to participate. You CAN grandfather in existing participants, but aren't required to. Of course, if they have already satisfied a year of service, then the amendment won't exclude them. You'd have to find a valid exclusion classification to then exclude any such people. I see ETA replied while I was typing...I type very slowly with all these extra thumbs.

Ultimately, I do think we are on the same page. The problem is, in the interest of "sales" small businesses (and even large ones) fail to understand that it is "profit" that determines lifestyle - not revenue. A client may bring a lot of revenue to to a service provider, but if it takes 10X times the effort to obtain 2X the revenue, you are losing "bigly." Setting expectations is key. I have been harping on giving clients "what they need" and not "what they want." You are successful if you get clients to "want" what you are telling them they "need." Then you have developed a true working relationship and have become the proverbial "trusted adviser" to them.

Man, you read my mind. There is a big difference in high touch personal service and routine run-of-the-mill operations of large corporations. Just an observation. To my clients, their stress is my problem; regardless of who failed to do what. Welcome to entrepreneurship; you eat what you kill Let me clarify.... This is not being crass, but merely pointing out that many clients love being in contact with someone who actually knows what they're doing and not giving them a lot of run around. We have many 'heavy-hitters' here who I'm sure provide the highest level of expertise and service. It's a combined passion of what you do and providing reliable services for a fee. It's a different game from the 9 to 5 when you're starting your own practice. Good Luck Yes, but. Being a high touch and responsible service provider is one thing. Taking on business you have no business taking on is another. Most businesses fail because, well, at least in part because they don't say no to business that 1) they can't serve (because of expertise, capacity, and the like); 2) the client WILL NEVER BE SATISFIED no matter how much you do for them; and 3) client's that "retaliate" by being slow pays or no pays when they just don't like what you are telling them. A lot of that is hard to tell up front - BUT, having a plan to avoid them is better than not having a plan.