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Deferral of Bonus after plan termination


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Guest wolfpack
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Company A is being acquired effective 10-1 and will terminate their 401(k) effective 9-30 which is their fiscal and plan year end. The plan allows for bonuses paid within 2-1/2 months after PYE to count as comp and eligible for deferral for the preceding PYE. If the employees elect to defer specific dollar amounts before the termination date(hence there would be a receivable...the bonus would not be paid until Nov.) can these deferrals be accomplished since the bonus is treated as comp for the period before termination? How about a declared P/S contribution as a receivable to be deposited after the proposed termination date? Anyone see how this can be done? Thanks!

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