"A participant wants to take a distribution. He is only 58 so he will be hit with a pre-mature dist penalty (1099-R code premature). But simple question.... if the doc allows for in-service distributions is there any reason he can't?"

"If a client is looking to establish a solo 401k is there anything significantly different in the plan design, or can I use my standard FT documents and just only have one person in the plan. Am I missing something?"

"I have a client who wants to match 100% of their deferrals is this allowed?"

"I have a client with a solo 401k who contributed the max deferrals for 2022 but would like to make after tax contributions to get to the 61k limit. Their compensation this year was 40k so can they contribute more then 100% of their compensation to their 401k in after tax dollars?"

"For a plan effective 1/1/22, under SECURE, does the document need to be signed by 12/31 or would the tax deadline suffice?"

"Have others seen this? You get an email from some account with hyperlinks and obviously people are concerned it is a phishing campaign. Curious to know if anyone else has heard of these going out. ...

"The email is as follows: EBSA is modernizing the EFAST2 website authentication process. The existing EFAST2-issued User ID and password log-in process is being phased out and will be replaced by the unified single sign-on solution for U.S. government websites. enables users to securely log in to many government agencies’ services with a single username and password. Beginning Jan. 1, 2023, all new EFAST2 website accounts will be created using the process. Existing filers may use their EFAST2-issued User ID and password to log in to the EFAST2 website until Sept. 1, 2023. This eight-month grace period provides a gradual transition for filers. However, existing filers may change to a account as early as Jan. 1, 2023. Logging into the EFAST2 website is required to obtain new electronic signature credentials for the Form 5500 Series. It is also required to file the Form PR or to use IFILE, the government’s Form 5500 Series filing application."

"I have a client who is paid 40k in W-2 wages from their [S-corp]. We are going to defer the max amount of 20,500 to his 401k and do 25% profit sharing. This gets us to 30,500 in the 401k account. We were going to do an additional 9500 of after tax to get to 40k in his 401k this year but we wanted to see if there are other options around compensation. He earns additional pass through income from this s-corp. Is there anyway to consider this pass through income as eligible compensation for the plan purposes so that we can defer additional amounts (this could be in after tax) to the 61k limit rather then 40k? How would we have to structure the s-corp and plan to allow for this, or is that even possible?"

"Some practitioners have suggested there might be practical difficulties about the SECURE 2.0 Act of 2022’s catch-up elective deferrals for ages 60, 61, 62, and 63. Just curious, what are the practical difficulties?"