Changing Installment timing

[Guest sritts]

If a participant changes installment payments from 15yrs to 20 yrs 12 mos prior to the first initial payment date, do you still delay the payment for 5 yrs?

[XTitan]

Generally yes. See §1.409A-2(b)(1)(ii).

[Guest sritts]

Thank you, that is what I interpreted as well.