EGTRRA Restatement Process at FOX & FOX
The EGTRRA Restatement project at FOX & FOX will attempt to minimize cost, as well as the use of paper, and maximize the use of electronic transfer of information and documents.
The EGTRRA Plan Restatement process will “flow” as follows:
- Each client will receive an email outlining the requirement for restatement under EGTRRA, the time frame for restatement of their individual plan and the cost of their restatement. Included in this initial email will be a form for the client to complete notifying FOX & FOX of certain changes in database information.
- Within two weeks of the initial email, each client will receive an invoice for 50% of the restatement fee. This invoice will be billable to the plan unless otherwise directed.
- Starting in mid-September, FOX & FOX will email each client concerning specific plan issues brought about by the restatement. At that time, the opportunity will be available to notify us of other plan changes desired.
- Once the restatement is finished, an invoice for the remaining fee will be issued and the restated plan and accompanying documents will be sent to the client electronically unless otherwise requested. Additional charges for printing and mailing documents will apply.
