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 account …

Dec 11, 2023 · Does the employee get to participate immediately under the "once-eligible, always eligible" rule? Situation 2 - Reclassification Full-time employee is eligible for the 403 (b). The …

May 27, 2020 · Employee stopped working for the company, therefore defaulted on the loan took out for primary home purchase. Loan is considered 'Deemed Distribution', 1099R is issued, and time has …

Oct 1, 2025 · I believe most plans will still allow contributions once the limit has been reached (I've only seen one that stops contributions), but curious to know how matching contributions are handled once …

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 class – can the …

Aug 22, 2025 · However, once the Fifth Circuit issues its ruling, the QPA calculation methodology could drastically change and the plans and issuers should be ready for that eventuality." MORE >>

Apr 19, 2024 · Thanks, Brian, but just to be clear, I understand that dependents have independent election rights, but I'm asking if they can drop COBRA coverage once elected, mid-year, for any reason.

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 contribution plans to …

Oct 17, 2024 · It is clear that once the DOL notifies the plan of intent to assess that DFVCP is no longer possible but the fact sheets do not say having filed the Form 5500 disqualifies the plan. To my mind, …

Feb 22, 2023 · Test it as hard as you can first, then issue refunds once you're out of testing options and have your best results. If the Plan previously passed, and the eligibility change is what's mostly …