Hochheiser Deutsch & Co, Inc.
Kentucky Trust Company
RTD Financial Advisors
Retirement Plan Consultants
ERISA Services, Inc.
Retirement Industry Trust Association (RITA)
EPIC Retirement Plan Services
Plumbers Local Union No. 1 Benefit Funds
Loren D. Stark Company
Nicholas Pension Consultants
Pension Rights Center
Farmer & Betts, Inc.
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|Excess Deferrals Refunded, But Check's Still Uncashed|
BenefitsLink Message Boards
June 18, 2021
"A participant in a 401k plan deferred more than the 402g limit in 2020. An appropriate refund check was issued timely. But the participant never cashed the check. Now it's past the deadline. If he cashes the check now, is everything ok? If the check goes stale dated and a new one has to be re-issued, can it be done under the original check date? If not, I assume the funds just have to stay in the plan, leading to double taxation on the excess."
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