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Showing content with the highest reputation on 12/29/2014 in all forums
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Happy Holidays to all the Benefitslink gang!
Bill Presson reacted to AndyH for a topic
Happy New Year everyone. George, you should raise your prices and pay your construction crew.1 point -
Also, if the participant had already taken a full distribution of benefits and then the corrective contribution occurred, no tail distribution would be required if the amount is under the minimum. That would effectively mean no contribution for the individual, but what needs to be done about that amount depends on circumstances. Under one VCP filing, the amount was treated as a forfeiture.1 point
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