"I just want to make sure I'm reading this correctly in the Plan Document for a client. Here is the excerpt, regarding the true-up for the Safe Harbor Match: Notwithstanding the foregoing, if the Employer elects to contribute and allocate separately ADP Safe Harbor Matching Contributions for an Allocation Period of less than the Plan Year, a true-up will be required unless ADP Safe Harbor Matching Contributions with respect to any Elective Contributions made during a Plan Year quarter are contributed to the Plan by the last day of the immediately following Plan Year quarter. So if the client is funding the match on a payroll-by-payroll basis, a true-up for shortages is not required correct?"

"What would be deemed the RMD for a participant from a DB plan, Age 79, who is receiving $2,948.26 in the form of a Life with 5-year Certain annuity, and, who also receives a single sum distribution of $43,342.26 as catch-up payment for underpayments in the past, all in the same calendar year 2023? One issue at hand is, if he is allowed to roll over all or part of the single sum that he is receiving?"

"Last week, a BenefitsLink discussion considered whether self-certifying claims for a hardship distribution might be good or bad. Advantages: Self-certifying might remove unwanted discretion; simplify claims procedure; lower plan-administration expense; and help employers avoid information one would prefer not to know or even have access to. Disadvantages: Self-certifying might weaken retirement savings (and might lower an investment or service provider's revenue); and might speed impostor thefts. A hardship is not the only kind of claim for a before-severance distribution a plan may permit a participant to self-certify. Others include: an emergency personal expense distribution [Section 72(t)(I)]; a qualified birth or adoption distribution [Section 72(t)(H)]; an eligible distribution to a domestic abuse victim [Section 72(t)(2)(K)]. If a plan's sponsor or administrator is considering not allowing Section 401(k)(14)(C) self-certification for hardship claims, are there reasons to treat differently these other claims?"