Guest Mike Kimball Posted November 16, 1999 Posted November 16, 1999 Anyone know of a document (custom or prototype(?)) that provides for periodic allocation (e.g. quarterly, monthly, etc., similar to elective and match) of non-elective contributions. Any thoughts about this issue? Our doc only provides allocation at plan year end (aka anniversary date).
MWeddell Posted November 16, 1999 Posted November 16, 1999 I work with a client that contributions profit-sharing money quarterly. Because it requires employment on the last day of the calendar quarter, it doesn't fit a 401(a)(4) safe harbor, but the general testing passes easily so it needs to be rerun only every three years.
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