can one become ineligible once eligible in 403 (b)?
Sep 15, 2018 · See "Once In, Always In - Q2" (about 36 minutes in, and be selected directly from indexing list) Once eligible to defer, the future actual hours worked are never taken into …
Placing a hold on participant's account - BenefitsLink Message …
Jul 1, 2011 · First time poster here. I am curious if anyone knows where to find any information about best practices for QDRO procedures related to placing hold on the participant's account. …
Once eligible always eligible "rule" - 401 (k) Plans - BenefitsLink ...
Feb 13, 2012 · Is there any code reference for this "rule" besides break in service and rule of parity? For example, if a participant is eligible for a plan and later becomes part of excludable …
Full Time to Part Time - 401 (k) Plans - BenefitsLink Message Boards
May 25, 2018 · The first paragraph in WIFBR's follow-up is not dealing with allocation conditions; it is the fail-safe mechanism for ensuring that the service-based excluded class ends at the …
Excluded Class Employee works 1000 hours - What next?
Sep 13, 2023 · Once you determined they have the 1,000 hours in the 12 months what is the plan's entry dates? If it is the 1/1, 7/1 following the person doesn't enter the plan until 1/1/2023 …
Changing from eligible to excluded class - BenefitsLink Message …
Apr 19, 2019 · The plan excludes "seasonal" employees. If an employee goes from working 1000 hours a year and being eligible to then working less than 1000 hours and becoming labeled …
DOL Guidance on Pension Benefit Statements
The Department of Labor (DOL) has issued Field Assistance Bulletin 2006-03 (December 20, 2006) to provide guidance on the new requirements for defined benefit and defined …
Change/delay distributions of NQDC 409A triggered by separation
Apr 23, 2019 · I am an employee who has a sum invested in an unfunded NQDC plan with my employer. The plan document states distribution triggered by separation will be distributed in 5 …
Annual Service Requirement for Mandatory Employee Contributions?
Oct 31, 2024 · Does the “once in, always in” concept applicable to eligibility for elective deferrals also apply to eligibility for employer contributions, and if so, what is the legal authority requiring …
Can A Profit Sharing Plan Continue Once The Employer Retires?
Oct 29, 2009 · I would very much appreciate if someone knowledgeable about qualified retirement plans could please comment whether an owner-employee Profit Sharing Plan (PSP) with 4 …