52626 Posted June 12 Posted June 12 clearly if the participant earned in excess of the dollar threshold, any catch up contributions would be funded as Roth Contributions. What happens if the plan fails the ADP test and funds are "reclassified" Roth contributions? I would image the requirement to fund catch up with Roth would not apply in this case since the contributions were part of the 402(g) limit, funded with pre tax and not a REAL catch up. Am I correct?
Bill Presson Posted June 13 Posted June 13 No, you’re not correct. Take a look at this Ferenczy Flash R Griffith and RatherBeGolfing 2 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
Bruce1 Posted June 16 Posted June 16 Have any payroll software's created anything to help sponsors out with this new rule?
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