DrivenToSucces$ - I agree we need 100% certainty on this issue. It would be great if we could get this in writing. But Ascensus knows they are taking on solo 401K folks from Vanguard. They must have a legitimate way to do this.
I did find this note in the Welcome to Ascensus Payroll Processing guide:
" TIP: To schedule a one-time contribution date outside of your normal payroll frequency, go to the one-time contribution date section at the end of the document.
A December 31, 2023 date has been already added for you to use if you need to make a 2023 contribution. If you do not need to make a 2023 contribution, please proceed by clicking Add Date and creating a new payroll date in the future."
I did find this note in the Welcome to Ascensus Payroll Processing guide:
" TIP: To schedule a one-time contribution date outside of your normal payroll frequency, go to the one-time contribution date section at the end of the document.
A December 31, 2023 date has been already added for you to use if you need to make a 2023 contribution. If you do not need to make a 2023 contribution, please proceed by clicking Add Date and creating a new payroll date in the future."
Statistics: Posted by msj16 — Fri Aug 23, 2024 9:43 pm — Replies 1327 — Views 146241