Upcoming compliance deadlines:

12/31   Deadline for making required minimum distributions for 2018

12/31   Deadline for making corrective distributions for failed 2017 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)

12/31   Deadline for making a prospective amendment to add or remove safe harbor status for the 2019 plan year

12/31   Deadline for making a prospective amendment to add eligible automatic contribution arrangement (EACA) and QACA for the 2019 plan year (must give participants notice at least 30 days prior to the effective date)

1/31     2018 Forms 1099 are due to participants

For a no-obligation discussion on the possible impact and steps you should take now, contact Meresa Morgan, our Audit Shareholder with significant experience in this area.

© 2018