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The Fidelity Retirement Plan Profit Sharing/Standardized 401(k) Plan Adoption Agreement No. 003 A Prototype Plan for use with the Fidelity Retirement Plan, Basic Plan Document No. 03 1 2 PLAN INFORMATION.

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The adopting employer is 401k vocabulary to refer to the self-employed business that is adopting/sponsoring the solo 401k plan. For example, if you are a sole proprietor, your name will be listed as the adopting employer. If the adopting employer is an LLC, then the LLC name will be listed as the adopting employer.

The plan may not be made effective earlier than the first day of the employer's tax year in which the plan was adopted. In other words, an employer may adopt the plan document on the last day of its tax year, with an effective date retroactive to the first day of that tax year, but not any earlier.

Under this rule, if the plan's terms are such that the plan would not pass coverage testing as a result of the acquisition, the plan is given a transition period. During that period, the plan does not need to test coverage; it is deemed to pass.

Interim amendments – must be adopted (signed and dated) no later than the end of the second calendar year following the calendar year in which the change in qualification requirements is effective.

Under Section 201 of the SECURE Act, employers can adopt a plan by the due date of their tax return, including extensions, and elect to treat the plan as being effective for the employer's tax year.

The plan may not be made effective earlier than the first day of the employer's tax year in which the plan was adopted. In other words, an employer may adopt the plan document on the last day of its tax year, with an effective date retroactive to the first day of that tax year, but not any earlier.

An IRA Adoption Agreement and Plan Document is a contract between the owner of an IRA and the financial institution where the account is held. The IRA adoption agreement and plan document must be signed by the account owner before the individual retirement account (IRA) can be valid.

An adoption agreement is a legal contract between an adoption entity and an adopter that sets the terms and conditions of an adoption. The contract states who the parties are, when the adoption should take place, and what documentation is required to complete the adoption successfully.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232