Guest Posted May 5, 2000 Report Share Posted May 5, 2000 Ihave a client who failed to distribute assets timely,so the PBGC nullified the termination. The request for reconsideration was denied so the nullification stands. What does this mean,especially with respect to IRS? Is the termination resolution invalidated? Is the plan considered ongoing from the original term date? If so,then it seems to me that I have to re-do the valuations,resurrect the Funding Standard Account,accrue benfits,let in new entrants,etc.?In short,treat the plan as if the termination never happened? Link to comment Share on other sites More sharing options...
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