follow up to excise question

[lexi]

ok.

so let's just assume that an ER (mistakenly) relied on the 15 days following the month... as a safe harbor for remitting 401(k) contributions for the past TEN years.

how far back do you have to correct it????

[Just Me]

Ten years.

[WDIK]

I believe that the pertinent regulation was effective February 3, 1997.

[Guest Pensions in Paradise]

ok then, 9 years and 9 months.

[lexi]

i'll take 9 years and 9 months!!!

but WDIK?

(thanks, WDIK!)