swam

Hello All, one of plan has After tax contribution and there are allocation conditions for match (1000 hours for Active & last day requirement). In ACP test do we need to include all, irrespective of the allocation conditions as everyone is eligible to make after tax contributions which are tested under ACP test. Thanks!

I have a client who has 401k plan and realized in 2017 plan year that they missed deferrals for a participant in 2015 and 2016 plan year. Now they have calculated missed deferrals and match amount along with earnings. Question is: 1. Can this QNEC amount be included in ADP\ACP test? 2. If yes for above, can 2015 and 2016 QNCE amounts be included in 2017 ADP\ACP tests or only can be included in their respective plan year testing. In this case as they have already completed 2015 and 2016 testing thus these amounts are not included in any testing year, is it ok or IRS has some guideline for the same.

Hello Everyone, I am from India and working in the filed of 401 k plans from past 4 years. I am looking forward to pursue ASPPA certification RPF-1 & RPF-2 in 2016. Can someone please guide me how to apply for and also provide the latest study material regarding the same. Your help is really appreciated. Regards, Pankaj SWami

Hello all. I have very interesting case in which partners receives K-1 which is in negative means he incurs loss but he has positive W2 payment. Thus to calculate his plan comp. should i negate the negative K-1 from his W2.?