"How do most 401(k) plans handle RMDs when the plan's only form of payment is a single lump sum? Do they require full distribution upon a participant reaching his or her Required Beginning Date? And if so, how do they handle it if a Participant does not request a full distribution?"

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"We accidentally treated part-time employees as excluded from the Plan. Luckily, this problem is only recent -- we didn't have any part-timers until last year (which partially explains why we didn't know how to treat them). Based on our calculations, to correct for these employees (there are only 4 of them), we are looking at small QNEC amounts -- at most $400, but as little as ~$100. These employees don't currently have any accounts -- do we need to create accounts and contribute these small amounts to each of them? Is there a rule where we don't have to make QNECs (and open new accounts) if the amount is below a certain threshold? I know there are de minimis rules for overpayments and excess amounts, but I don't see anything for QNECs related to improperly excluded employees. I appreciate any guidance."

"Just took a look at IRN 2023-73 in order to input the new Qx factors into Excel, and notice this year that unlike all prior years, the Qx factors are to 5, not 6, decimal places? Am I missing something here?"