To qualify as a deduction, employers must deposit employer contributions into the plan no later than the business’s federal income tax filing deadline for that year. If the business has a filing extension, the contribution may be made up until the extended deadline.
Please note, if your plan offers or requires an employer contribution and you would like to apply your employer contribution by a specific tax deadline, you will need to let us know at least 45 days in advance of that deadline to ensure the contribution is reported for the intended plan year.
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