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Posted

What I meant was... how would we in fact know that the contribution for the self employed was an employer contriubtion or an employee contribution, let's say, for purposes of 401(a)(4) testing on a new comp PSP/401K, with a sole prop and an employee?

Posted
17 hours ago, Bill Presson said:

He should have a deferral election form completed

Prior to the end of the tax year...

QKA, QPA, CPC, ERPA

Two wrongs don't make a right, but three rights make a left.

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