PPA effective date

[Cynchbeast]

What date should be used as effective date of PPA restatements?

[Flyboyjohn]

Short answer assuming calendar year plan amending in 2014:

If safe harbor election in effect for 2014 or if you're not making any substantive changes you want effective in 2014 use 1/1/2015

If not safe harbor for 2014 and you're making substantive changes you want effective in 2014 use 1/1/2014

[John Feldt ERPA CPC QPA]

Check with your document provider as well. I don't know if anyone still requires the full retroactive date, but if they do, I think it would be effective as of the first day of the 2007 plan year.

[Flyboyjohn]

Good point, our document provider has hard wired the retroactive effective dates so all we have to choose is the effective date of anything that's changing.