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Notices defining "Employees Eligible to Defer" for Safe Harb


Guest Powers

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Guest Powers
Posted

In determining who must receive the 3% Nonelective Employer Safe Harbor Contribution, can anyone site any notice(s) that define(s) the "Employees Eligible to Defer"?

Posted

actually, if plan has immediate entry for deferrals, you can exclude ees who have not completed 1 year of service.

you can do this because of statutory exclusions - but watch out if you have an HCE who is in the group. then you would have to test that group)

it is Q-10 in IRS Notice 2000-3

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