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Message Boards Digest

December 20, 2022

Here are the most recently added topics on the BenefitsLink Message Boards:

Jakyasar created a topic in 401(k) Plans

Are the 2021 SH amounts included in 2022 testing?

"Hi Looking at a run for someone. I think the TPA who shall not be named here somehow left it all to the client to run the 2021 numbers. Very bad communication with the client. 401k+SH+PS are the 3 provisions. SH is non elective 3% Was just told that they will make the 2021 SH deposits prior to 12/31/2022. I never worked with this before as I always make sure all deposits are made timely i.e. by the due of corporate tax return, in this case, 9/15/2022. When performing 410b+401a4 testing for 2022 projections, do I need to include the 2021 figures? There is plenty of room for deduction, so it is not an issue. Thank you"
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