EP Posted June 7, 2018 Posted June 7, 2018 A plan allows dollar deferral amounts, ie. $50, $40, etc. What should occur if the employee does not make enough in their paycheck to cover the deferral amount? The plan sponsor has be netting them down to $0 in this occasion in the past.
Larry Starr Posted June 8, 2018 Posted June 8, 2018 23 hours ago, Mike Preston said: The plan sponsor is doing the right thing. Absolutely. Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC President Qualified Plan Consultants, Inc. 46 Daggett Drive West Springfield, MA 01089 413-736-2066 larrystarr@qpc-inc.com
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now