Correction of Plan Defects

1,784 topics in this forum

1. Overpayment revisited

   By Guest Retina, April 22, 2004
   • 8 replies
   • 2.1k views
   • 
   • Kirk Maldonado
   • April 24, 2004

2. Incoming Rollover

   By Gruegen, April 22, 2004
   • 2 replies
   • 1.4k views
   • 
   • Lame Duck
   • April 22, 2004

3. One to One Correction

   By Guest LCK, March 5, 2004
   • 1 reply
   • 2k views
   • 
   • J. Bringhurst
   • April 22, 2004

4. Voluntary Fiduciary Correction Program

   By J. Bringhurst, April 21, 2004
   • 0 replies
   • 1.4k views
   • 
   • J. Bringhurst
   • April 21, 2004

5. Difficulty in Implementing Correction after Compliance Statement Issued

   By Guest rocnrols2, April 16, 2004
   • 0 replies
   • 965 views
   • 
   • Guest
   • April 16, 2004

6. correction method for distribution from deferral account

   By k man, April 15, 2004
   • 2 replies
   • 1.2k views
   • 
   • k man
   • April 16, 2004

7. Failure to timely make minimum required distributions

   By Guest rtriche, March 23, 2004
   • 2 replies
   • 1.7k views
   • 
   • mbozek
   • April 8, 2004

8. Coverage of Illegal alien - rights to account balance

   By Guest Thomas Pritchett, March 25, 2004
   • 6 replies
   • 4.8k views
   • 
   • mbozek
   • April 2, 2004

9. Improper loan?

   By FundeK, March 2, 2004
   • 3 replies
   • 2.6k views
   • 
   • Guest
   • March 11, 2004

10. Can a loan be issued to fix a distribution error?

    By TBob, March 1, 2004
    • 7 replies
    • 1.6k views
    • 
    • TBob
    • March 9, 2004

11. Recharacterizing matching contributions as catch-up contributions to correct ACP failure

    By Guest cpp, March 9, 2004
    • 1 reply
    • 1.3k views
    • 
    • MGB
    • March 9, 2004

12. Does anyone know anything about SAR SEP's?

    By Guest Michael Anderson, March 8, 2004
    • 1 reply
    • 1k views
    • 
    • WDIK
    • March 8, 2004

13. Late Deposit and Prohibited Transaction

    By Guest Max Power, February 23, 2004
    • 2 replies
    • 1.6k views
    • 
    • Guest
    • February 23, 2004

14. Mid-Year Correction of Improperly Categorized HCE

    By Guest rocnrols2, February 11, 2004
    • 0 replies
    • 1.2k views
    • 
    • Guest
    • February 11, 2004

15. Incorrect Compensation Used

    By Guest philc, February 6, 2004
    • 1 reply
    • 1.5k views
    • 
    • Blinky the 3-eyed Fish
    • February 6, 2004

16. Compensation Period

    By Guest philc, February 6, 2004
    • 1 reply
    • 944 views
    • 
    • Mike Preston
    • February 6, 2004

17. Improper DB Plan to PSP transfer of assets, and 411(d)(6) amendment?

    By Guest ERISAcatNraleigh, February 3, 2004
    • 0 replies
    • 1k views
    • 
    • Guest
    • February 3, 2004

18. How do correct a correction? Recordkeeper mishandled excess contributions

    By Guest Calimayhew, January 29, 2004
    • 0 replies
    • 1.1k views
    • 
    • Guest
    • January 29, 2004

19. Not dated

    By Guest Mrilaomt, January 26, 2004
    • 1 reply
    • 1.2k views
    • 
    • mbozek
    • January 28, 2004

20. Any luck?

    By Guest tintree73, December 23, 2003
    • 5 replies
    • 1.5k views
    • 
    • Mike Preston
    • January 25, 2004

21. Reversing Commissions - Effect on Plan Contributions

    By Guest rocnrols2, January 23, 2004
    • 0 replies
    • 972 views
    • 
    • Guest
    • January 23, 2004

22. Failure to distribute account at NRA

    By Jeff Kirtner, January 23, 2004
    • 0 replies
    • 1k views
    • 
    • Jeff Kirtner
    • January 23, 2004

23. Calculating the Rate of Return on Late Contributions

    By Guest PAL100759, January 9, 2004
    • 9 replies
    • 1.9k views
    • 
    • WDIK
    • January 21, 2004

24. Retroactive plan amendment

    By Guest Mrilaomt, January 8, 2004
    • 1 reply
    • 2k views
    • 
    • Guest
    • January 13, 2004

25. Allocation Exceeds 415 Limit

    By MarZDoates, January 9, 2004
    • 5 replies
    • 3.2k views
    • 
    • MarZDoates
    • January 13, 2004

26. Number of VCP Filings

    By Gruegen, January 6, 2004
    • 0 replies
    • 1.4k views
    • 
    • Gruegen
    • January 6, 2004

27. Former Employees with no Distributable Event Permitted to Rollover Accounts to IRA

    By Guest rocnrols2, December 30, 2003
    • 0 replies
    • 1.4k views
    • 
    • Guest
    • December 30, 2003

28. Plan exists for 12 years - no plan document ever prepared?

    By Guest amfam2, December 17, 2003
    • 5 replies
    • 1.3k views
    • 
    • Guest
    • December 19, 2003

29. Is the contribution really late?

    By TBob, December 16, 2003
    • 5 replies
    • 1.8k views
    • 
    • TBob
    • December 16, 2003

30. PSP Contribution after the 8-1/2 month deadline

    By flosfur, November 3, 2003
    • 7 replies
    • 3.6k views
    • 
    • mbozek
    • December 4, 2003

31. Missed Catch-UP Contribution

    By Guest qualified plan, December 1, 2003
    • 2 replies
    • 1.8k views
    • 
    • Guest
    • December 3, 2003

32. Improper Distributions

    By Guest Gordy, October 30, 2003
    • 3 replies
    • 2.6k views
    • 
    • TBob
    • November 26, 2003

33. Improper Loan

    By Guest rocnrols2, November 5, 2003
    • 1 reply
    • 1.4k views
    • 
    • Guest
    • November 25, 2003

34. DOL's VFCP--all hat, no cattle?

    By Guest erisafried, November 21, 2003
    • 2 replies
    • 1.7k views
    • 
    • Alf
    • November 24, 2003

35. Client failed to adopt finalized version within 91 days of the GUST determination letter; missed EGTRRA amendments, too; have to make a VCR submission?

    By J. Bringhurst, September 19, 2003
    • 3 replies
    • 2.7k views
    • 
    • mbozek
    • November 21, 2003

36. Significant Detriment

    By J. Bringhurst, November 14, 2003
    • 0 replies
    • 1.2k views
    • 
    • J. Bringhurst
    • November 14, 2003

37. Signature Page

    By Guest Ashley, November 14, 2003
    • 0 replies
    • 971 views
    • 
    • Guest
    • November 14, 2003

38. Lost Earnings Method - Undercalculated Employer Match

    By Guest Chaffee, November 11, 2003
    • 1 reply
    • 1.5k views
    • 
    • Harwood
    • November 12, 2003

39. Affiliated Service Group

    By Guest mcw, November 7, 2003
    • 2 replies
    • 1.6k views
    • 
    • Guest
    • November 7, 2003

40. Sick Plans

    By Guest brownbag, November 4, 2003
    • 0 replies
    • 1k views
    • 
    • Guest
    • November 4, 2003

41. Tax Reporting of a corrective distribution

    By TBob, October 31, 2003
    • 0 replies
    • 1.3k views
    • 
    • TBob
    • October 31, 2003

42. How would you advise client on correction of this "reversion?"

    By card, October 22, 2003
    • 4 replies
    • 1.4k views
    • 
    • card
    • October 23, 2003

43. ineligible employee received contribution

    By Belgarath, October 10, 2003
    • 1 reply
    • 2k views
    • 
    • FundeK
    • October 16, 2003

44. Correction of Failure to change deferral amount.

    By Archimage, October 16, 2003
    • 1 reply
    • 1.2k views
    • 
    • Harwood
    • October 16, 2003

45. Failure to obtain spousal consent for loan

    By Scott, October 10, 2003
    • 2 replies
    • 1.5k views
    • 
    • Blinky the 3-eyed Fish
    • October 10, 2003

46. "Forever disqualified?"

    By Guest jfp, October 8, 2003
    • 2 replies
    • 1.5k views
    • 
    • Guest
    • October 9, 2003

47. Correction of ASG Problem - failed to include eligible employees; probably fails discrimination testing

    By Christine Roberts, September 29, 2003
    • 3 replies
    • 2.7k views
    • 
    • Mike Preston
    • September 30, 2003

48. Problem with Defn. of Normal Ret. Age

    By mal, September 18, 2003
    • 2 replies
    • 1.9k views
    • 
    • MGB
    • September 18, 2003

49. Retroactive Amendment-401k plan

    By Guest meggie, September 17, 2003
    • 0 replies
    • 2k views
    • 
    • Guest
    • September 17, 2003

50. Improper Loan

    By Guest At Peace, September 16, 2003
    • 6 replies
    • 2.3k views
    • 
    • Guest
    • September 17, 2003