For plan years beginning in 2024, this new optional opportunity is for the plan to treat Qualified Student Loan Payments (QSLPs) as if they were elective deferrals to the plan (even though they were not contributed to the plan) and to provide a matching contribution to the plan as if they were.
Posted on October 1, 2024 By Kushner & Company
Categories:
401(k),
Administration,
Blog,
Combo Plans,
Defined Contribution Plan,
Educational Assistance,
Retirement Plans
