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Posted

Can an EACA arrangement be amended for auto escalation any time during a plan year or must the auto escalation be effective as of the beginning of a plan year?

It has been an EACA arrangement but did not previously have an auto escalation feature and they want to add one.

thanks in advance!

Posted

I had the same issue - but could find no further research on this. We decided that the EACA Notice was the driving factor and that a mid-year addition of the auto-escalation could not be done. Maybe for new participants - but we are taking the conservative approach.

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