Search the Community
Showing results for tags '2015-28'.
-
New safe harbor plan was executed timely to begin deferrals and safe harbor on October 1, 2015, plan is a December 31 year-end. They failed to offer deferrals until sometime in November. Under Revenue Procedure 2015-28, if the problem is found and deferrals start in the 3 month period, no QNEC is needed for the missed deferrals assuming the proper notice is provided? Seems like that's the case since an Employee Elective Deferral Failure includes a failure to afford an employee the opportunity to make an election. Agree?
- 1 reply
-
- safe harbor
- missed deferral
-
(and 2 more)
Tagged with:
-
Does anyone know if under Rev. Proc. 2015-28 a correction can be made if the failure comes from a failure to auto-enroll when implementing a new auto-enrollment feature versus failing to enroll a participant in an existing auto-enroll plan? If I implement the feature and miss participants, are the reduced correction fees available?
- 5 replies
-
- 2015-28
- Auto-enroll
-
(and 1 more)
Tagged with:
