SSRRS Posted October 18, 2018 Posted October 18, 2018 Hi, Company has DB and DC (MP) Plans. They planned on making a db and DC contribution for the year ended 12/31/17. Inadvertently they deposited the DC contribution into the DB account (db plus dc contribution all went into db account, and was below DB Max). Can this be self corrected by transfering the money into the dc account? If yes, what if the transfer is made today, October 18th, as this is after 9/15?. Thank you
david rigby Posted October 19, 2018 Posted October 19, 2018 Duplicate post. Responses here: https://benefitslink.com/boards/index.php?/topic/63260-dc-contribution-made-to-db-account/ I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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