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Posted

My apologies if this was discussed before.

Clint obtained PPP for payroll. Can they make deferrals?

Thank you

Posted
1 hour ago, Jakyasar said:

My apologies if this was discussed before.

Clint obtained PPP for payroll. Can they make deferrals?

Thank you

One has nothing to do with the other.  They can make deferrals if they have a plan that lets them make deferrals.  Deferrals come from payroll, so it has nothing to do with PPP money.

Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC
President
Qualified Plan Consultants, Inc.
46 Daggett Drive
West Springfield, MA 01089
413-736-2066
larrystarr@qpc-inc.com

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