How do I know if the terms of my plan will be acceptable to the CRA? Can I obtain a complete plan text review upon request?
The majority of the wording of plan texts is similar and not contentious. If you have concerns, we will review excerpts, although we will ask for a complete plan document for contextual comparison and reference. If you have a number of plans with similar wording, you may want to consider setting up a specimen plan document. In this case, we will review the entire document and plans may be registered in conjunction with the specimen with specified variables. Please see Newsletter 95-6R, Specimen Pension Plans – Speeding up the Process (www.cra-arc.gc.ca/tax/registered/newsletters/95-6r-e.html) for more information.
Related Questions
- How do I know if the terms of my plan will be acceptable to the CRA? Can I obtain a complete plan text review upon request?
- Can the insurance carrier obtain an IME or records review upon receiving a request for optional prior approval?
- Who at the hospital is expected to complete the clinical information for any review request?
