waid10 Posted May 9 Report Share Posted May 9 I thought that there was a program for fixing 457(f) and 409A plan errors but I can't seem to find anything with the IRS. We have an erroneous deferral in our non qualified deferred comp plan. A participant reached their vesting date and should have been paid out their balance in 2021. I am looking for guidance on how to correct. Thanks. Link to comment Share on other sites More sharing options...
Lois Baker Posted May 9 Report Share Posted May 9 This might be a starting point: https://www.irs.gov/retirement-plans/issue-snapshot-457b-plans-correction-of-excess-deferrals Link to comment Share on other sites More sharing options...
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