BG5150 Posted February 12, 2021 Posted February 12, 2021 ADP/ACP tested plan. Plan allows for in-plan Roth rollovers. HCEt does the Rollover early January of entire account. In February, plan fails ADP & ACP tests. How does the refund get processed? How are earnings taxed? Are they? All the funds are now in the Roth Rollover account. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
Bri Posted February 16, 2021 Posted February 16, 2021 Isn't it just an amount ineligible for the rollover treatment, and it gets distributed / taxed just like any other test result would be?
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