When must 401(k) deferral contributions be remitted to a plan?
The Department of Labor (DOL) requires that amounts withheld from a participant’s wages for contribution to a retirement plan be deposited as of the earliest date on which such contributions can reasonably be segregated from the Employer’s general assets, but in no event later than the 15th business day of the month following the month in which deferrals were withheld.
