bogart126
Oct 30 2001, 11:45 AM
is it allowable to retroactively amend a plan to change the plan year? i have a plan that is a calendar year end and wants to change their plan year to 9/30. however, they want to make the short plan year from 1/1 - 9/30/2001. thank you.
KJohnson
Oct 30 2001, 01:18 PM
I DON'T BELIEVE THAT YOU CAN CHANGE TO A SHORT YEAR AFTER EXPIRATION OF THE SHORT YEAR WITHOUT PRIOR IRS APPROVAL.
Medusa
Oct 30 2001, 01:35 PM
I agree. I believe the standing authority on this is still Rev. Proc. 87-27.
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