Featured Jobs
|
July Business Services
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
Merkley Retirement Consultants
|
|
EPIC RPS
|
|
The Pension Source
|
|
BPAS
|
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
DWC ERISA Consultants LLC
|
|
Compensation Strategies Group, Ltd.
|
|
BPAS
|
|
Nova 401(k) Associates
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Correction of Missed Deferral Opportunities
American Retirement Association [ARA] 
[Guidance Overview] Sept. 24, 2025 "While the plan sponsor would have to contribute any matching contributions with earnings that were missed as a correction, because of the circumstances, no QNEC was required.... Relying on AI alone could have exposed the plan sponsor to a costly, unnecessary QNEC of $50,000 plus earnings in this example.... The IRS offers a framework for correcting this mistake through the Employee Plans Compliance Resolution System (EPCRS)[.]" MORE >> |
| 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 linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |