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Posted

I am doing some research on ethics issues in retirement plans. I would appreciate hearing some examples of client requests or other plan matters that caused you to consider the ethics of how to respond. If possible, please provide a story where real names are not used. Or if you can refer me to a source of this kind of information, that would be helpful too. I would appreciate any help.

Posted

One of the most common issues relates to late deferral deposits.

A client makes every deposit timely, except for one which is one day late. The calculated late deposit earnings is $.75.

Do you deposit the $.75 and check the box on the 5500 or not?

William C. Presson, ERPA, QPA, QKA
bill.presson@gmail.com
C 205.994.4070

 

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