Guest RONNIE WASEL Posted March 17, 2003 Posted March 17, 2003 Plan had a participant that terminated. Upon terminated, the payroll service failed to take participant off the system, so an additional contribution (under $130) was made to fund account, and immediately returned to the employer since the contributions are ACH. Participant cleared out account and rolled money out of plan. Question - Is there anything that needs to be done in regards to the small amount that went in by mistake?
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now