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Do I have to set up a new Plan Sponsor Account and new application each year I participate in the RDS Program?

While the Plan Sponsor Account is created only once, the RDS Application Submission Process continues for every plan year. A new application must be completed for each plan year for which a Plan Sponsor wishes to receive subsidy. By the middle of the current plan year, it is important for the Plan Sponsor to initiate the RDS Application Submission Process for the upcoming plan year.

A Plan Sponsor must submit a timely RDS application prior to the expiration of the Application Deadline. For a list of Application Deadlines by Month/Year, access the RDS Program Website Featured Content Important Application Deadline Information.

Answer ID
400-02