Author: Stacey Snyder, CPA, QKA, TGPC
What the Heck is a QNEC?
August 22, 2013
You may have asked yourself the title question after hearing ‘QNEC’ or ‘QMAC’ in a discussion related to ADP/ACP testing.
EPCRS: How to Correct Improper Exclusions of Employees from a 401(k) Plan
August 08, 2013
Failing to allow eligible employees to defer in an employee benefit plan can be very costly and result in plan disqualification.
With Change Comes More Change! – Form 5558
December 06, 2012
When the Department of Labor (DOL) made filing changes for Form 5500, it resulted in the revision of Form 8955-SSA. The revision also required that the form must now be filed with the IRS.
Don’t Forget to Distribute Safe Harbor Notices
November 08, 2012
As previously discussed in K.I.S.S.: Keep it Simple and Straight Forward with Safe Harbor Plan Designs, the IRS requires that safe harbor 401(k) plans, prior to the beginning of each plan year, […]
I don’t want to grow up, I want to be a small plan!
July 05, 2012
Practitioners in the retirement plan industry are well aware of the fact that most small plans don’t have to undergo an audit by an independent qualified public accountant, while large plans do.