Rules, Ceasing a Non-Safe Harbor Match

[Briandfox]

Is it possible to suspend a non-safe harbor fixed tear match mid-year where the compensation determined for the match is annual?

Example is 50% of the first 6% of compensation where the compensation determination is period is annual?

Again this is a non-safe harbor match. I just want to know how/when this can be suspended midyear.

Thanks

[ETA Consulting LLC]

Sure. In that case, you'd only use Compensation and Deferrals through the date of the amendment for calculating the match.

Good Luck!

[rcline46]

if it is a discretionary match you can stop at will. If it is a stated match in the document, you must amend the document.

[Briandfox]

Thanks all