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Showing content with the highest reputation on 11/12/2020 in Posts

  1. Yes, too much time in the retirement world. I have edited out the error.
    1 point
  2. Kevin C

    Force-out question

    1.402(c)-2 q&a 1(b)(1). The plan is required to provide the option to elect a rollover. How do you do that if you don't send out distribution forms?
    1 point
  3. Well, I guess technically it is a group under common control, since Betty is a sole prop (IRC 414(c)) but the effect is the same. All 4 are considered one employer, and I agree, Betty can not set up a Simple-IRA just for Betty and Bob.
    1 point
  4. Belgarath

    Cycle 3 Trust Names

    That's what I'm doing...
    1 point
  5. Correct, Salary deferral provision must be in existence for at least 3 months during the plan year in order to use a SH provision for that plan year.
    1 point
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