"A participating employer in my client's 401(k) plan is being purchased in less than a month, and the agreement says they must be removed as a participating employer of the 401(k) plan and the employees must be removed from the plan as of the transaction date. The employees are to be moved to another plan, but it is not feasible for the recordkeeper to set up a new plan until at least March 1st. Any ideas on how to make sure the agreement is followed with this administrative restriction?"

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"Business owner has a spouse that has FICA less than the $150K threshold. It is my understanding that the spouse would not be considered a Highly Paid Individual for Roth catch up rules. Do you agree?"

"We have a small law firm that is being sold to a larger firm. The small firms has a calendar year 3% safe harbor 401k Plan. Lets say the sale date is April 1st, about 85 days away. [1] Can the plan set a termination date before April 1st? [2] If we can set that date earlier, (say March 1st) the 3% safe harbor contributions can stop as of Match 1st, even though individuals are on payroll through April 1st?"

"Participant is due $1.80 in earnings due to a late deposit of a loan payment. How do I process that in Relius? Do I just do a Loan Payment for the participant and only allocate $1.80 in interest? Will that mess up the amortization schedule?"