Featured Jobs
Plan Compliance Analyst (Administrator) RPA
|
Pentegra
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
 |    |
<< Previous news item | Next news item >>
| Class-Allocated Profit Sharing with Last Day of Year Employment Condition BenefitsLink Message Boards  June 30, 2021 "A plan is class-allocated for 2020 and has allocation conditions (1000 hours and last day of the year employment) for profit sharing. That obviously means someone who did not meet the allocation conditions will not receive profit sharing contribution. But is the reverse true? Does someone who did meet the allocation conditions have to receive a profit sharing contribution?" |
| 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). |
© 2022 BenefitsLink.com, Inc.