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Retirement Planning
Chapter 5: Profit-Sharing Plans/QUALIFIED AUTOMATIC CONTRIBUTION ARRANGEMENT
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Chapter 5: Profit-Sharing Plans

QUALIFIED AUTOMATIC CONTRIBUTION ARRANGEMENT

01.Core Concepts

(QACA) (1 OF 2) • Eligible for nondiscrimination safe harbor • Not required to pass ADP, ACP tests or the top-heavy rules • A qualified automatic enrollment feature must meet: • Automatic deferral • Matching or nonelective contributions • Notice to employees