thepensionmaven Posted December 30, 2020 Share Posted December 30, 2020 We have a plan that was terminated in 2020, all money is out of the plan; broker tells us the account must stay open as dividends and interest will trickle in 2021. Client does not want to file 5500 for 2021. I don't see how unless maybe the plan account can be renamed to an individual account in the name of the company prior to 12/31, then the account is liquidated and the proceeds paid to TPA as a fee. Suggestions? Link to comment Share on other sites More sharing options...
Lou S. Posted December 30, 2020 Share Posted December 30, 2020 Can they pay a portion of your fees with the residual dividends in January and show it as a payable on the final 2020 form 5500? hr for me and Bird 2 Link to comment Share on other sites More sharing options...
thepensionmaven Posted December 30, 2020 Author Share Posted December 30, 2020 Optimally, but broker telling me the residuals may not come in until February at the latest and he has no idea what the amount will be. Link to comment Share on other sites More sharing options...
PeterN Posted July 9, 2021 Share Posted July 9, 2021 Any suggestions? Having same issue but for 2021 Link to comment Share on other sites More sharing options...
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