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Back dating plan documents


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Posted

We have a client with a calendar year plan. They just informed us they added a supplemental insurance policy pre-tax effective 1/1/03 that was not included in their previous plan documents. Do you amend the plan now with a 1/1/03 effective or use a more recent date?

Thanks! :o

Posted

We never backdate anything. One of the biggest court cases in Cafeteria Plan lore deals with retroactive benefits. I advise to amend the plan now and document why you didn't backdate.

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