missed deferral?

[hunter001]

A ppt is notified of eligibility and does not return an election before their entry date, lets say two weeks later. Does the employer start deducting immediately? Is this considered a missed deferral? What if there is a match involved?

[ETA Consulting LLC]

No. It is business as usual. The deferrals will start 'after' the election is received. The participant may choose to increase their election prior to year end to make up for the late submission of the form.

Good Luck!

[Guest Sieve]

I'd say it really depends on the plan and administrative procedures. It may be that failure to enroll prior to entry date results in the inability to begin deferrals until the next entry date (rather than the next payroll).