Guest Benmark Posted April 8, 2004 Posted April 8, 2004 Our Section 125 plan currently offers a 31 day period following the date someone is first eligible to participate for that person to enroll. Someone could submit an election and then revise it (not subject to change in status) within that period of time. Do any of your plans work that way? If not, how are they structured? (I believe it is OK to offer the 31 day grace period, but I believe we should end that period as soon as a participant makes an election.)
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