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Compensation Paid after Termination of Employment


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Guest AJM 34
Posted

Plan Year 2006

A Highly Compenated Employee terminated on 11/16/2005, but was paid a commision in 2006 (3/24/2006) that was earned in 2005.

My question is do I include this employee in my 2006 ADP Test?

I am aware of the 2 1/2 month rule, and the commisions were paid 2 1/2 months after severace from employment.

I am correct to say they I should not include this employee in my 2006 ADP test?

Posted

Was he allowed to defer from that "compensation"?

QKA, QPA, CPC, ERPA

Two wrongs don't make a right, but three rights make a left.

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