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QACA Using 3% Nonelective Safe Harbor, Mid-Year Amendment to Remove Safe Harbor
BenefitsLink Message BoardsLink to more items from this source
June 21, 2021

"Due to the QACA, 2-year vesting is being utilized. If one amends the plan mid-year to take it out of safe harbor status, does the 2-year vesting still apply to the safe harbor piece? It would seem reasonable to me that it would immediately become 100% vested, but I've not seen this issue."

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