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401k - ADP / ACP Testing

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Course Description

All 401k plans are required to undergo a series of annual tests. The type of tests required for your plan will depend partly on the benefits provided, as well as the features and options outlined in your plan document. Some tests involve making sure simple limits are not exceeded. Other tests are designed to ensure that (Officers, Directors, Key Employees, etc.) don't receive a majority of the benefits available in the plan: These are tests referred to as Anti-discrimination tests. In this course we will cover the various tests required to meet Anti-discrimination requirements

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Learning Format 2.0 Hours
Self-Study / On-Demand

Credit Type(s)
Management Advisory

Knowledge Level
Basic