Hi, All:
I need a sanity check, please. I have a 401(k) which failed their 2013 ADP test. They've chosen to make a QNEC to correct the test. They plan to make the QNEC deposit when they make a PS deposit (prior to their business filing deadline). My questions:
1. Should the QNEC be included as an employer contribution in the Maximum Employer Contribution Deductibility test?
2. Where can I find this in the regs?
Many thanks!
PuffMama