ABeach Posted December 14, 2020 Posted December 14, 2020 We have a plan with after tax contributions and the only participants making after tax contributions are HCEs. The employer makes a basic safe harbor match. The question has come up as to whether or not safe harbor match can be used in the ACP testing in order to pass/help the ACP test that would otherwise fail and require refunds. I can't find anything in the Regs addressing this so I'm assuming that this in not allowable. Has anyone else run into this question or can point me to I may be overlooking this being address in the Regs?
Bill Presson Posted December 14, 2020 Posted December 14, 2020 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
Bill Presson Posted December 14, 2020 Posted December 14, 2020 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
C. B. Zeller Posted December 14, 2020 Posted December 14, 2020 1.401(m)-2(a)(5)(iv) Bill Presson 1 Free advice is worth what you paid for it. Do not rely on the information provided in this post for any purpose, including (but not limited to): tax planning, compliance with ERISA or the IRC, investing or other forms of fortune-telling, bird identification, relationship advice, or spiritual guidance. Corey B. Zeller, MSEA, CPC, QPA, QKA Preferred Pension Planning Corp.corey@pppc.co
MWeddell Posted December 14, 2020 Posted December 14, 2020 Also welcome to the forums, ABeach. ABeach and Bill Presson 2
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