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401(k) Plans: Participant Distributions of Excess Salary Deferrals and Earnings

March 15

401(k) Plans: Necessary participant distributions of excess salary deferrals and their earnings as a result of exceeding salary deferral limits through the end of 2023 must be reported to the Program and paid to the participants by March 15. You will need to submit the Corrective Measures for Contributions Form to do so.

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March 15


User Type
Plan Admin, Participant

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