When the employer would not make the deposits well timed, the failure might represent the two an operational mistake, supplying increase to strategy disqualification (Should the approach specifies a day by which the employer should deposit elective deferrals) and a prohibited transaction. Salary reduction/elective deferral contributions are pre-tax worker contributions https://kingswoodhomes.uk.com/news/give-your-deposit-a-boost-this-summer-with-kingswood-homes/