austin3515 Posted October 2, 2010 Posted October 2, 2010 Is there any prohibition on an adopting employer adopting a safe harbor plan when there are fewer than 3 months left in the Plan Year? The plan year IS more than 3 months... Austin Powers, CPA, QPA, ERPA
12AX7 Posted October 6, 2010 Posted October 6, 2010 For the fact that you would have a deferral period of less than 3 months for the newly added group, would be my initial concern. This is a good question for the IRS Q & A at ASPPA in a few weeks. Can your client wait until then?
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