Jim Chad Posted June 3, 2014 Posted June 3, 2014 I have a new twist on holding out part-timers until they actually complete a year of service. This employer would like to have a 30 day wait for managers and 1 year wait for everyone else. Everyone involved are NHCEs. What do you think. Could this be legal?
MWeddell Posted June 3, 2014 Posted June 3, 2014 As long as you follow what is in the written plan document, yes it should be fine. Treating one group of NHCEs different from another group of NHCEs is not a problem given that everyone becomes eligible within the time period specified by Code Section 410(a).
BG5150 Posted June 3, 2014 Posted June 3, 2014 Will these manager become HCEs relatively soon? QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
12AX7 Posted June 3, 2014 Posted June 3, 2014 This may be of assistance: http://www.irs.gov/pub/irs-tege/qab_021406.pdf
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