"The 401k Plan Sponsor wants to change when participants can make deferral changes from monthly to annually. The plan document allows for it. Are there any consequences if they make that change?"

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"An employer (church) has two employees. One employee participates in a 403(b)(9) non-electing church plan, the other employee is contributing to a SIMPLE IRA. Is this okay? I was under the impression an employer cannot have both of these in operation at the same time."

"I'm working with a company that buys and sells companies across various industries. It owns 80%+ of each portfolio company, so they're all part of a controlled group. Right now, each portfolio company maintains its own benefit plans. So far, they're passing non-discrimination testing (on a plan-by-plan basis), but the company is looking for a better long-term solution. Any ideas on how to structure these benefit plans across the portfolio companies in a way that avoids triggering single-employer treatment? QSLOBs seem like the best solution, but imperfect as QSLOBs will not always align with the corporate structure."

"An IRA account holder (who was over the age of 73 and already started taking RMDs) passed away in 2024. A spouse rolled over the assets into an Inherited IRA, but did not take an RMD in 2024. Is the RMD Penalty waived based on Notice 2024-35 or does that notice not apply to Spousal beneficiaries?"

"We have a client who failed their ADP test and will be making a refund to the owner of the company. He is over age 73 and will need to take an RMD for 2025. Can the refund be treated as his RMD since it is a taxable distribution?"

"We have a Cash Balance Plan that has been adopted since 2020. For 2024 they have elected to amend the guaranteed interest rate up to 6%. My question is how does this impact 2020-2023. When we are accruing balances going forward, are those years still credited at 5% annually and all new years credited at 6% annually? Or should those years have accrued interest at 5%, but going forward they too get an interest rate of 6%? Basically, does the 6% only impact new contributions or does it impact all contributions moving forward?"