Cash-Opt Out Plans

[Guest javery]

Could someone please let me know what they give there clients as documentation for a Cash-Opt Out Plan?

Thanks

[mroberts]

I'm not entirely sure what you mean by clients. If you mean the company's employees, then you need to address it in the employee handbook, SPD or some other source of information to cover your butt. If you are a broker and mean the employer, again, something that fully describes the plan would suffice. Check with a local TPA. You could pay them to create one or they may have a sample document you could use.