Plan Document Statements

[Stash026]

I've gotten different opinions/responses on this, so figured I'd see if anyone here knows for sure. Plan started January 1, 2014, do they need a restated document by April 30 or does their original document suffice?

Thanks in advance!

[Lou S.]

Are they on a PPA document?

If the answer is yes you are done, the deadline is 4/30/2016 but it could have been done as early as May of 2014, I believe since that is generally when the preapproved PPA documents first became available.

If the answer is no and they are on an EGTRRA document then they need to restate the plan by April 30, 2016.

Answers above assume Plan is using a preapproved volume submitter or prototype document and is not individually designed.

[Griswold]

I agree with Lou's analysis and would only add that the April 30th deadline is for volume submitters and prototypes so it would not apply to an individually designed plan.

ETA: Oops, didn't see that Lou made this point as well.