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Each 401(k) plan has its own
rules regarding the timing of employer contributions. Some employers make contributions
every pay period, while others only make them once a year. You should check the Summary
Plan Document, available from your HR or benefits representative, to see what rules govern
your plan.
Generally, employer contributions must be made within the tax-filing period for the
calendar year in question. So an employer would have until at least April 15 of any given
year to make the contribution for the previous year (or possibly longer, if the employer
files for an extension). If the employer's contributions are discretionary (linked to
company performance) they are generally deposited only after the company's performance for
the previous year is assessed. |
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