QDIA notices

[Guest Powers]

I was wndering about the explicit rule on the QDIA notice. Once the initial notice is given to the participant as we did last year, are the ongoing notices only given to those participants that have been defaulted? That is how I am reading it this morning, but I wanted to double check, being that it is Monday and all

[jkdoll2]

I was wndering about the explicit rule on the QDIA notice. Once the initial notice is given to the participant as we did last year, are the ongoing notices only given to those participants that have been defaulted? That is how I am reading it this morning, but I wanted to double check, being that it is Monday and all

Yes - only the ones that have defaulted and ANY NEW PARTICIPANTS.