Cycle 2 Restatement News?

Has anyone heard what's going on with the opinion letters? There was an announcement in November that they'd be going out 'soon' but as far as I'm aware, no providers have received letters yet. There seems to have been no updates at all since then.

We are trying to firm up our restatement timeline for our clients, but we have no idea when our doc provider might have their system ready. The restatement 'window' supposedly opened 1/1, but with no document in sight, we're stuck.

Thanks!

Sue

We received ours a month ago. But, getting systems up and running, and web seminars on the new documents are another story. I'm not expecting to be able to fire up the restatements until early April at best.

2 hours ago, Belgarath said:

But, getting systems up and running, and web seminars on the new documents are another story. I'm not expecting to be able to fre up the restatements until early April at best.

That's what I have heard from my provider.  They are working on the system part now and expect them to be available for restatements late Q2 early Q3.  Off the record type conversation though, so who knows.

Thank you both! That was my expectation (former FIS 😉) so good to know we're on track. The silence had me wondering whether I'd need to adjust my tentative timeline.

Usually there's so much fanfare around letters being received... but I guess that's in 401(k) land.

I should point out that FIS/Relius users should already have received their opinion letters and that the document system has been up and running since January 31.  Dan McNamara and I are looking forward to giving a two-day web seminar going in depth into the 403(b) offerings March 24 and 25.

ASC Seminar is today...