Upcoming compliance deadlines:

12/1     Deadline for 401(k) and (m) safe harbor notice, annual qualified default investment alternative (QDIA) notice, and qualified automatic contribution arrangement (QACA) notice (can be made up to 90 days before the start of the plan year)

12/15 Extended deadline to distribute the Summary Annual Report for plans that filed Form 5500 by October 15 (calendar year plans)

12/29* Deadline for making required minimum distributions for 2017

12/29* Deadline for making corrective distributions for failed 2016 actual deferral percentage (ADP) and actual contribution percentage (ACP) tests with a 10% excise tax penalty, as well as for making a qualified nonelective contribution (QNEC)

12/29* Deadline for making a prospective amendment to add or remove safe harbor status for the 2018 plan year

12/29* Deadline for making a prospective amendment to add automatic enrollment (eligible automatic contribution arrangement (EACA) and QACA only) for the 2018 plan year (must give participants notice at least 30 days prior to the effective date)

1/31     2017 Forms 1099 are due to participants

* The original due date of December 31, 2017, falls on a Sunday. The IRS historically hasn’t extended due dates for required disclosures, contributions or distributions.

© 2017