Jakyasar Posted January 28 Posted January 28 I think I know the answer but I wanted to check the following: Existing 401k plan for a sole-prop. The election for deferral amount had to be made by 12/31/2025 for 2025 as it cannot be done by 4/15/2026? After year end only applies for new plans. Am I correct? QKA, QKC, QPA, CBS
CuseFan Posted January 28 Posted January 28 That is my understanding. Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.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