RLD513

A client allowed a participant to begin deferrals a quarter too early (1/1/15). During that time, he deferred $220. We've just now been able to have the client confirm his hire date. February of this year, he took a loan for pretty much half his vested balance, which still included the ineligible contributions. He's continued to make deferrals, so at some point he would have accumulated enough to secure the loan. We're working to get the ineligible contributions out of his account, but I'm not sure what correction would apply for the loan. Would the client have to go through VCP? The IRS page on self-correction seems to indicate some loan failures can be corrected that way. Thanks for any insight.

Stand on the table and sing? That'll clear the room out quickly!! The attire sounds like I expected. Thanks for the responses!

I'll be attending the conference for the first time and am curious as to what to expect. I found the feedback on the 2002 conference, but it was held at the Hyatt then. I believe this will be the second year for it being at the Hilton. For those who attended last year, how were the facilities? The internet cafe that's set up in the exhibit hall, is it difficult to get time at one of the stations? I considered bringing my laptop for email, etc., but am concerned about it being stolen from the room. How are the session rooms set up? Is it set up classroom style? The dress code is described as casual. Are khakis fairly prevalent? What about at the receptions? Thanks in advance for any information provided. Rhonda

We have a program like this. I believe it was built in-house though. It tracks all those things and many others like plan specs, etc.