Guest pjg Posted April 11, 2003 Posted April 11, 2003 The 100% owner of a small Company died in 2002. The 2001 ADP testing was not completed before death occurred. 2001 test fails and refund to deceased HCE has not been made yet. New owner of Company is setting up new plan for 2003 and merging old plan into new plan. Should 2001 refund be made to HCE's beneficiary? Should a one-to-one correction be made to the prior plan before merging with new plan?
mbozek Posted April 12, 2003 Posted April 12, 2003 Pay the refund to deceased's estate. Since the refund is owed to the deceased it should be returned to the personal representative under state law, e.g. executor. mjb
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