we have a requirement in our client place where for 401k catch-up plan employees need to be allowed to enroll in the catch-up contribution, in the year that they will be turning 50 years of age. E.g., if an employee turns 50 in November of next year, he/she needs to be able to enroll in the catch-up contribution on 01/01/2010.
I would really apprecaite if someone can help me on this regard!!!
Edited by: rajhcm on Nov 18, 2009 11:35 PM