Once-eligible, always-eligible rule and rehires / reclassifications of ...
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 …
can one become ineligible once eligible in 403 (b)?
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 …
Placing a hold on participant's account - BenefitsLink Message …
Jul 1, 2011 · First time poster here. I am curious if anyone knows where to find any information about best practices for QDRO procedures related to placing hold on the participant's account. …
Once eligible always eligible "rule" - 401 (k) Plans - BenefitsLink ...
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 …
Annual Service Requirement for Mandatory Employee Contributions?
Oct 31, 2024 · Does the “once in, always in” concept applicable to eligibility for elective deferrals also apply to eligibility for employer contributions, and if so, what is the legal authority requiring …
Excluded Class Employee works 1000 hours - What next?
Sep 13, 2023 · Once you determined they have the 1,000 hours in the 12 months what is the plan's entry dates? If it is the 1/1, 7/1 following the person doesn't enter the plan until 1/1/2023 …
Full Time to Part Time - 401 (k) Plans - BenefitsLink Message Boards
May 25, 2018 · The first paragraph in WIFBR's follow-up is not dealing with allocation conditions; it is the fail-safe mechanism for ensuring that the service-based excluded class ends at the …
Changing from eligible to excluded class - BenefitsLink Message …
Apr 19, 2019 · Once you solve if these people are in an excluded class or not it solves all your questions. It might add the problem the plan struggles to pass coverage but that is a future …
Payback Loan After Default - after 1099R issued
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, …
Alternate Payee Beneficiaries. - Qualified Domestic Relations …
May 5, 2025 · I have seen QDROs that provide an Alternate Payee is prohibited from listing a new spouse as beneficiary. Is this typical? Is it allowed? Can a plan refuse to allow this, and …