Sign in to follow this  

403(b) ACP testing and 414(s) compensation

Recommended Posts

As a company, we have a policy of testing plan with comp exclusions for 414(s) first, then using that compensation for ACP testing.  However, I do not believe that is necessary.  Under IRS regulations, 415 compensation can be used for ACP testing, and, if the plan passes, no further action is needed.  I remember seeing posts to this effect.  Am I incorrect?  Can someone give me examples of reasons 414(s) is needed for a plan with only a match that passes ACP on 415 compensation?  Thank you!

Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this