Dold Comments on Relief for Safe Harbor Plans

Elizabeth Dold was quoted in the article, IRS Describes Permissible Mid-Year Changes for Safe Harbor Plans, in the February 4, 2016 issue of the CCH Standard Federal Tax Reports. This long-awaited relief for safe harbor plans is exactly what the doctor ordered ¯ a reasonable method (using updated participant notices and opportunity to change their deferral elections) for plan sponsors to make favorable mid-year changes to safe harbor 401(k) and 403(b) plans, Elizabeth Thomas Dold told Wolters Koluwer.