Page 23 - DCAC February 2023 Files

776970- County of San Mateo Part Time, 401(a) PS Frozen Pre-Approved Plan document is current with recent adoption BBA Interim Amendment
04 Seasonal and Temporary OBRA (as of of the Cycle-3 Restatement. Cycle 3 Restatement – April 1, 2022
Retirement Plan 3/21/16)
Required Interim Amendments targeted mailing
is week of November 28, 2022 for past
legislation.
 SECURE Act/CARES Act/SECURE Act
and Other Legislation

Although the IRS extended the deadline* for
adopting these amendments, Empower is
encouraging that plan sponsors adopt no later
than end of the 2022 to assist in documenting
your administration of those provisions that
went into effect in 2020.

*Deadline for governmental plans is 90 days after
close of 3 regular legislative session of the legislative
rd
body with the authority to amend the plan that begins
after December 31, 2023.

Best Regards,

Robert Gleason | Managing Director | Government Markets
Empower
8515 E. Orchard Rd. 10T3 | Greenwood Village, CO 80111
916-765-5566 mobile | Robert.Gleason@empower.com

For important disclosures and product information, click here.

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