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Posted

I had to do an 11-g amendment to give benefits to one person.  Do I have to create an SMM for her?

QKA, QPA, CPC, ERPA

Two wrongs don't make a right, but three rights make a left.

Posted

No; you have to notify that individual and our recommendation to clients when we send them the -11g amendment is that they provide a copy of the actual amendment to the individual named to comply with the disclosure rules.

Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC
President
Qualified Plan Consultants, Inc.
46 Daggett Drive
West Springfield, MA 01089
413-736-2066
larrystarr@qpc-inc.com

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