"My husband worked for a company 2 years ago and has a 40% vested balance in said ESOP account. He hasn't been with the employer for 2 years and never go the option to withdraw or rollover the ESOP balance. I have read that you cannot do anything for 5 years with some places but per their plan document it doesn't state that. I have uploaded their plan summary. if you decide to look at it refer to page 11 and reference employee termination for balances exceeding 5,000 and before retirement age. As I know nothing about these types of accounts any insight would be appreciated."

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"CB plan and the company (sole-prop), both start 5/1/2024 with 12/31/2024 year end. Owner is 60 years old. Has 450k of net Schedule C income for 2024 (after 1/2 SE adjustment). What do you pro-rate?

• 401(a)(17) limit 345,000*8/12=230,000/12= 19,166.67/month
• 415(b) limit 275,000*8/12=183,333/12= 15,277.78/month

Maximum 2024 accrual is 1/10= 1,527.78 -- so any cash balance pay credit equivalent cannot exceed this? What am I missing?"

"Client has a plan that runs from 10/1/2022 through 9/30/2023. Do I use the 2022 compensation of 305,000 or 2023 compensation of 330,000 to calculate the safe harbor for the owners?"

"I know based on SECURE an employer needs to allow long-term part-time employees to contribute into the 401(k) portion of the Plan. I also know they can keep them out of the discretionary employer contributions. The question [is whether] these participants are required to get the Safe Harbor Match?"