Quarterly Contribution Notice Requirement

[emmetttrudy]

Is there a notice requirement for a one person plan (one owner, or owner + spouse) that has quarterlies missed? They intend to make full MRC, but just not practical for them to contribute quarterlies, and seems silly they would need to notify themselves.

[ScottR]

Personally, I draw the line at the employer giving notice to himself. I don't do it.

... Scott

[SoCalActuary]

penalties are provided under dol rules for failure to notify participants in Title I plans.

but you don't have a Title I plan.