Age waiver in a new document

[cpc0506]

We am looking at a Relius Adoption Agreement. There was an age waiver if you are employed on 9/30/2014.

I am looking for some clarification. The client has a 17 year old employee who have not yet satisfied the service requirement of 1 year of service but was employed on 9/30/14. He will have 1 year of service as of 12/31/2014. Does he enter the plan on 1/1/2015? In order words, does the age waiver stay with the employee until he has met the service requirement.

Thanks.

[John Feldt ERPA CPC QPA]

The way I read that provision, yes, they enter. The age requirement is waived for everyone hired on or before a certain date.

Similarly, if the plan had only waived the service requirement, but maintained an age 21 requirement: If your age 17 example employee was only working 600 hours per year, they would enter at age 21 (4 years later) even though they never completed a year of service.