Roth deferrals mid-year. Should participants submit updated deferral agreements?

[Pat Crum]

A plan is adding Roth deferrals as an option mid-year. Should each participant be required to complete an updated deferral agreement?

[Lou S.]

Required? No.

Offered the option, Yes.

I'd probably include some cover sheet that states something to the effect of "We have added the ability to make ROTH contributions, please return a completed election from if you would like to now make ROTH deferrals. If no election form is returned your existing election will remain in effect." Or something similar.