cpc0506 Posted December 13, 2010 Posted December 13, 2010 Client has a Profit Sharing plan only. Would like to add 401k feature to plan. One payroll left. Can ha add 401k? Can he make it a Safe Harbor 401k? Why, oh why, does everyone wait until the last possible minute????
Guest Sieve Posted December 13, 2010 Posted December 13, 2010 (1) 401(k) - Yes (see current string discussing this: http://benefitslink.com/boards/index.php?s...ic=47398&hl= ) (2) SH, No, unless you adopt a new plan with at least 3 months left in its initial plan year. (3) Last minute - just because.
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