Question: A. Section 401(0) plan does not have to satisfy the ADP and ACP tests if it meets one of the safe harbor provisions. Which of
A. Section 401(0) plan does not have to satisfy the ADP and ACP tests if it meets one of the safe harbor provisions. Which of the following statements regarding the safe harbor provisions is FALSE?A) mandatory employer contributions under the safe harbor prabions may be subject to a 3 year diff vesting requiremenc.in an employer may satisly the sale harber providans by maing certain matching contributions for non highly compensated employees whe participate in the plan.C an empleyer nay satisfy the safe harbor provibions by naling cenain senelective contributions for all ellgble employers.D) a plan that usidfes the sale habor provious is net subject to the metheng ralen.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
