Jim Chad Posted January 22, 2018 Posted January 22, 2018 We now have reduced QNECs required when a Participant is not given the opportunity to defer. Does this apply when an election form is misplaced?
Jim Chad Posted January 22, 2018 Author Posted January 22, 2018 I found in EPCRS where the reduced QNECs do apply for missed election forms. but I did get a surprise. This is only for Roth and Pretax. It does not apply to Voluntary Aftertax.
Jim Chad Posted January 22, 2018 Author Posted January 22, 2018 The regulations say that a notice is required to be sent to the Participant. Does anyone have a sample notice they would be willing to share?
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