change in valuation date

[jane murray]

one participant defined benefit plan was effective 1/1/2017.  the valuation date is EOY so valuation date was 12/31/2017 for first year.  can the valuation date be changed to 1/1/2018 for the second year of the plan?

[david rigby]

Are you the actuary?  If not, have you discussed this with the actuary?  Rules for such changes can be found in Rev. Proc. 2017-56.  https://www.irs.gov/irb/2017-44_IRB#RP-2017-56