Andy the Actuary Posted June 18, 2007 Posted June 18, 2007 If I take over a plan in 2007, I must reasonably replicate 2006 FSA entries to obtain automatic approval of a cost menthod change. After PPA, apart from determination of age and redistribution of decrements, all plans effectively have the same cost method, so assuming prior and current work are mechanically sound, what is there to approve? The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
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