Amendign Prototype w/o restating

[austin3515]

What is meant by this sentence Taken from Rev Proc 2005-16:

In addition, the employer must complete a new signature page if it modifies any prior elections or makes new elections in its adoption agreement.

What's the general format for the signautre on amending a prototype? We ususally just copy and paste the applicable sections into word and check/uncheck the applicable boxes.

But then, more or less, we just have the employer sign. Are we required to use the actual pre-approved signautre page which includes all of the disclosures, etc?

[Kevin C]

The document system we use generates an amendment with the changed sections of the adoption agreement and a new employer signature page. Both are signed by the employer. The signature page has a section where you indicate why the page is being signed; adoption of a new plan, restatement of an existing plan or amendment of an existing plan. The signature page also has a line where you list the sections being changed by the amendment. Except for the additional information about the amendment, it's the same as the signature page signed to adopt the EGTRRA restatement.

[austin3515]

I certainly like you're system better, but Corbel just told that all they meant by this is that you can't scribble notes in the margins and call it an amendment... So what we are doing is OK.

What provider do you use? I can;t imagine ever changing, but I'm curious to know who has the better mouse-trap? (I don;t think Corbel has that functionailyt, but I can't say for sure...)

[Kevin C]

We use ASC's documents. Their document system works really well. You also get a timely response when you have questions or issues with the system or the document.