Promotional efforts by firms selling the so-called "Section 105" plans have raised the question of whether benefits of plans may be obtained on a retroactive basis. The issue is, for example, whether a plan established on December 31 is considered effective for the entire year. As one accountant's publication claims
"Effective Date of "Section 105" Plans,"
Agricultural Law Digest: Vol. 6
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol6/iss16/1