Jump to content

Recommended Posts

Posted

A plan sponsor decided to take it upon themselves to start withholding Roth contributions without notifying us, the TPA. We just found out while doing their year end administration. I know that we can still savage any 2011 Roth contributions as long as we amend to add Roth before 12/31/2011, but how do you correct the 2010 Roth contributions? Do they get forfeited? Returned to the participants? Match gets forfeited? How about earnings on the Roth contributions?

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use