Lou81 Posted November 21, 2019 Posted November 21, 2019 I have a plan that uses prior year testing. Eligibility is 2 month with monthly entry. For 2018 I tested without statutory exclusions. I passed the testing for 2018. I am running a projected test for 2019. The plans fail the adp/acp test. In Relius I can select the statutory exclusion " test separately" box. Are there any rules for switching between statutory exclusion from one year to another? Appreciate your help!
BG5150 Posted November 21, 2019 Posted November 21, 2019 nope QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
Larry Starr Posted November 21, 2019 Posted November 21, 2019 5 hours ago, Lou81 said: I have a plan that uses prior year testing. Eligibility is 2 month with monthly entry. For 2018 I tested without statutory exclusions. I passed the testing for 2018. I am running a projected test for 2019. The plans fail the adp/acp test. In Relius I can select the statutory exclusion " test separately" box. Are there any rules for switching between statutory exclusion from one year to another? Appreciate your help! Feel free to do it either way that passes and you can switch whenever you want. Of course, we have NO plans that use prior year testing. 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
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