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Showing content with the highest reputation on 10/11/2020 in all forums
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401k Profit sharing deposit rejected by bank missing deadline
Luke Bailey reacted to Mike Preston for a topic
Client, payroll firm, accountant, TPA or advisor located in a disaster area? You might have until 12/15 if so. Lots of facts unknown here but in general if the funds were legitimately removed from the plan sponsor's control the funds become plan assets at that time.1 point
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