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Are we able to based premiums on tiers (i.e., number of individuals enrolled)?

April 26, 2017able based Enrolled individuals premiums Tiers

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Are we able to based premiums on tiers (i.e., number of individuals enrolled)?

1 Answer

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Yes. The Interim Regs allow premiums tiering. However, if it is important to you that you retain your grandfather status, you are going to have to be very careful when implementing a tiered contribution rate, if this practice was not in effect on March 23, 2010.