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Showing content with the highest reputation on 05/24/2021 in Posts
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Correction of Plan Back to 2014
Dave Baker reacted to ErnieG for a topic
Thank you.1 point -
Defaulted loans
Bill Presson reacted to BG5150 for a topic
I'd be concerned why a 1099-R was not issued. Are you sure it wasn't merely defaulted and not deemed? The term 'deemed distribution' implies the participant received proceeds and should be taxed on them.1 point -
Candlesticks always makes a nice gift.1 point
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Sounds like a 415 excess correctable under EPCRS. He has $0 415 compensation his 415 limit is $0. Check your document for waht happens when you have a 415 excess, you probably refund the deferrals with earnings.1 point
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That is correct.1 point
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