Deadline For Funding 401(k) Deferrals!

October 21, 2019 | posted in: Blog, Plan Sponsor Corner | by

Many employers think the deadline for depositing a 401(k) contribution is the 15th business day of the month after they withheld the contribution from an employee’s wages.
That is not correct, though.  Employers who wait until the 15th day of the following month to deposit deferrals might find out that they owe a penalty, among other unpleasant consequences.   Read More  »