Mr401k Posted November 19, 2019 Posted November 19, 2019 Plan year has been April 1 - March 31 for some time, but is then amended for PYE Dec 31. One plan year ended March 31 2019; the next plan year will be short, ending December 31, 2019. For PYE 3/31/2019, what is the deadline for depositing a profit sharing contribution? Does the deposit need to take place by 12/31/2019 (i.e., the last day of the following/short plan year)? Or does the sponsor have a full 12 months...until March 31, 2020? Only asking about the allowed timing. Not about deductibility, comp, or limits on amounts. Thanks
Luke Bailey Posted November 20, 2019 Posted November 20, 2019 Does the sponsor have the same year for its tax return and is also changing? Luke Bailey Senior Counsel Clark Hill PLC 214-651-4572 (O) | LBailey@clarkhill.com 2600 Dallas Parkway Suite 600 Frisco, TX 75034
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