Jeffrey Holdvogt, Stephen Pavlick and Sarah Raaii wrote this bylined article on IRS Notice 2016-16, which gives safe harbor 401(k) plan sponsors more flexibility to make mid-year plan changes. The authors wrote that the Notice “should prove particularly helpful for safe harbor plan sponsors that have struggled with the limitations imposed on safe harbor plans by the inability to make mid-year changes when non-safe harbor plans would do so.”

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