Page 45 - AprDefComp
P. 45

Suspending other employer contributions















 • Options again depend on your plan document


 • Discretionary contributions generally can be stopped


 • "Fixed" or "required" contributions maybe not



 • Review the reason for them (collective bargaining agreements, contracts, etc.)


 • Safe Harbor contributions - as discussed previously


 • Prevailing Wage contributions - talk with your legal advisor


 • Money purchase pension contributions - must provide participants with 30 days "204(h)

 notice" and fund contributions through that period














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