ilovetotest Posted August 16, 2023 Posted August 16, 2023 I inherited a takeover plan that was not tested last year. The plan uses prior testing method and is not safe harbor. What are my options?
Belgarath Posted August 16, 2023 Posted August 16, 2023 Not a lot of information to go on here. Perform the testing that should have been done. If everything passes, you shouldn't have to do anything (assuming all other disclosures, 5500's amendments, etc., etc. were done correctly). If there are errors, correct under EPCRS and/or specific document provisions, possibly taking into account the more "relaxed" standards potentially available under SECURE 2.0. I might also recommend you discuss with your supervisor/mentor - whoever. A lot depends upon specific results/problems. Good luck. Lou S. 1
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