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ratherbereading last won the day on October 23
ratherbereading had the most liked content!
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Water. Pizza. Books with big words. Avoiding math. Baseball. Really good bread.
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Sorry, I am not sure if there are or not but it makes sense that there would be. Do you have a rep at Voya you can contact?
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I upload vesting to voya using the plan year date, not the current date. I can't help you with the error. Are you the TPA? You should have a voya contact for that plan to whom you can email your issue.
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Missing participant with fake Social Security Number
ratherbereading replied to pixiebear's topic in Plan Terminations
I think you need to hold the benefit until a valid SSN or TIN is provided. This also needs to be reported to the correct authorities- SSA's Office of the Inspector General. This is from a previous post asking the same question: -
How does a client handle an ineligible Hardship Request?
ratherbereading replied to effingeh's topic in 401(k) Plans
I can't add anything else - but we did fire a client once because the owner took an illegal hardship distribution. -
How does a client handle an ineligible Hardship Request?
ratherbereading replied to effingeh's topic in 401(k) Plans
https://www.plansponsor.com/fraudulent-hardship-withdrawals-draw-grand-jury-ire/ -
https://www.bbb.org/us/fl/longwood/profile/sales-lead-generation/blustar-leads-inc-0733-90712106/complaints Is this them??
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Employee Deferrals - Reconciliation Shortages as Late Deposits?
ratherbereading replied to A.C.'s topic in 401(k) Plans
You need to contact the client about the differences and ask to see their payroll records so you can reconcile the deposits. If there are late deposits they go on the Form 5500 and earnings should be calculated. -
It looks like she was terminated prior to meeting eligibility for the MT and PS so I'd say no she's not. Her 90 days would be 12/22/2024 and entry date 1/1/2025.
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Which calculator are you talking about? The VFCP calculator on the DOL website is specifically designed for calculationg corrections under the VFCP, not theDFVCP. The DFVCP has its own calculator. , which you may know, just wasn't sure which one your were referring to.
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I agree with your interpretation.
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Changing providers mid-year
ratherbereading replied to austin3515's topic in SEP, SARSEP and SIMPLE Plans
Never heard of that. I've had lots of plans switch providers mid-year. These are all 401k/PS plans I'm speaking of. -
Welcome. I believe it can include the SH Match. Hopefully someone else will chime in!
