Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Defined Contribution Account Manager
Nova 401(k) Associates logo
Nova 401(k) Associates
(Houston TX / Dallas TX / Scottsdale AZ / Telecommute)
ESOP Valuation Writer
Unique ESOP Valuation Provider
(Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

<< Previous news item   |   Next news item >>



Continuing Ed Material for IRS EP Personnel: Section 401(k) and(m) -- ADP/ACP Tests, Correction Methods under EPCRS (PDF)
Internal Revenue Service [IRS] Link to more items from this source
[Guidance Overview]
Feb. 24, 2014

59 pages, dated 2013. Excerpt: "At the end of this lesson, you should be able to: [1] Determine whether an employer correctly applied the ADP/ACP test. [2] Determine whether an employer timely corrected for an ADP/ACP test failure. [3] State the correction methods under Rev. Proc. 2008-50 when a plan does not timely correct for failing the ADP/ACP test. [4] Determine whether the employer made the correct Qualified Non-elective Contributions (QNECs)/Qualified Matching Contributions (QMACs) under Rev. Proc. 2008-50. [5] Determine whether the employer properly applied the one-to-one correction method. [6] Determine whether the employer properly coordinated multiple failures under a section 401(k) plan."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020 BenefitsLink.com, Inc.