What is a plan document?

Updated by Richard Phillips, EA, AIFA, CPC, CPFA, QPA, QKA

A plan document is the document that specifies your retirement plan's rules and operational guidelines. Your plan must adhere to the rules in its document to keep its tax-qualified status. Your plan document may need to be updated periodically to account for tax law changes and changes to ERISA. These updates are typically handled by your plan's administrator.

If ERISA is serving as your third-party administrator, we'll handle these updates for you.

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