We recently updated all of the AgriPlanNOW and BizPlanNOW Plan documents, including the Summary Plan Description (SPD). As part of our promise to keep your Clients compliant with government requirements, we update these documents on a regular basis. These updates ensure that your Clients comply with the Patient Protection and Affordable Care Act (PPACA), the Employee Retirement Income Security Act (ERISA), Department of Labor (DOL) regulations, and other legislative changes.
A postcard will be mailed to your AgriPlanNOW and BizPlanNOW Clients within the next couple of weeks to inform them of the updated documents. We will instruct them to visit their MyTASC account (www.tasconline.com) to view a copy of their Plan and verify that all Plan elections are correct. Once this is done, they are asked to print, retain, and distribute a copy of the SPD to employees as necessary. If they prefer, they may call TASC and request that we mail them a copy of their SPD.
The SPD is a legal document and it is vital that your Clients verify all Plan elections annually to ensure accuracy. Having 24/7 online access to their SPD means your Clients can always view the most up-to-date version of this important document.
TASC is the partner you and your Clients can count on for tax savings and full Plan compliance.