I am interested in obtaining information from our associates regarding their impressions of healthcare benefits, i.e preferences, satisfaction with existing plans, willingness or desire for plan changes, etc.

Would anyone be willing and able to share a template or list of questions which you might have used when conducting such a survey? OR can you direct me to any literature that would assist me in this effort? Thanks!

If a government employer maintains a qualified defined contribution plan, a 457 plan and a 403(B) plan is there a connection among the three as to the amount that can be contributed to each plan? In particular, we are concerned about whether contributions to the qualified DC plan will cause the amount which can be contributed on a tax favorable basis to the 457 or 403(B) to be decreased, or vice versa. Are the respective contribution limits interrelated or are they all independent of each other?

Have an individual whose husband recently died. She converted his IRA to hers. She is under 59 1/2 and he was early 60's. No distributions taken until recently after she converted, she took some funds out. All assets are now in her IRA. Problem is, she has two stepdauthers (His from a previous marriage) that she wanted to give $50k each to by using a disclaimer (She found out about this after converting the assets to her IRA). Her question,

is there any way she can put assets back into his IRA and let the stepdaughters have it by using the disclaimer. In effect, reversing the IRA conversion in her name for a portion of the assets to go to the stepdaughters, allowing the mom to avoid taxes and penalties if she were to gift the assets to them. Can anyone shed light on this or provide any resources on where I can find a definitive answer? My understanding is the IRA she has now is irreversible, she is stuck with the assets in her name and can't move them back in the decedant's account. Any help anyone can provide would be greatly appreciated.

Randy Braidfoot

Could a TPA receiving a check on behalf of a retirement plan participant from a custodian or trustee deposit it in the TPA's account, with the TPA then handling the payment process and actually writing a check to the participant? What about the TPA being given checkwriting authority by a trustee over a trust account?

Has anyone ever heard of a TPA receiving a check on behalf of a retirement plan participant from a custodian or trustee for deposit in the TPA's account, with the TPA then handling the payment process and actually writing a check to the participant?

Under the mid-year election change rules, could coverage that a self-employed spouse obtains (e.g., through an individual policy) constitute "coverage under another employer plan"? See 1.125-4(f)(4).

If there is a change in Plan Year for a safe harbor 401(k) plan, does the plan automatically have to do ADP/ACP testing for the short plan year created, and then automatically resume non having to do ADP/ACP testing for the next full 12 month plan year?

Is the plan automatically exempt from the safe harbor notice and contribuiton requriements for the short plan year created by the plan year change?

I have a calendar 401(k) plan with 6 months of eligibility, quarterly entry dates. This client's industry is such that employees are constantly coming & going. If an employee works for 2 months, leaves and returns 2 months later, do I have to count the original two months? I was under the impression that the employee "starts over" since they never became a participant. If you look at a calendar year, let's say an employee works Feb, Mar and April, leaves, then returns Oct, Nov & Dec. Do they enter January 1st or can I wait until April 1st (provided they remain employed)? The document is using the elapsed time" method. Any input is appreciated.

An employee works a year of service (12 months/1000 hrs) and becomes a participant on January 1, 2001. The new participant defers in the company's 401(k) plan for 2001, but only worked 500 hours. In 2002, the participant will only work 500 hours. Is the participant still eligible to participate in the 401(k) plan??

Given all of the different discrimination testing which applies to the different types of benefit plans, what are the possibilities where a personal service corp has 4 e/ee's -- 3 of which are HCE's and 1 who is NHCE????

Thanks for your help.

I have an Union 401K Plan in which only union members are eligible to participate... There are two union members who earned in the prior plan year (12/31/2000) salaries in excess of $85,000.00.

Would these two participants be considered Highly Compensated Employees even though they are part of a union??????

Given the expanded rollover rules in EGTRRA, can an individual who turned 70 1/2 in 2001, is still employed, and is not a 5% owner roll amounts from his traditional (non-conduit) IRA into his employer plan to avoid any future MRDs (other than the one for 2001) until he actually retires. This assumes that the plan in question will adopt a good faith EGTRRA amendment to accept transfers from non-conduit IRAs.

Somebody told me that AIG used to provide this product, but will no longer provide it. Does anyone else?

I have an employee who owns 4.22% of the stock in the company. Another 3.46% of the stock is in trust for him. Is he an HCE for ADP testing purposes? If stock is held in a trust, does it count for ADP testing purposes? This company (a family-owned business) changed its ownership percentages last year and put most of the stock in separate trusts.

We are in the process of designating a Privacy Officer for HIPAA

What have others been doing?; i.e. who in your firm is the "designee"? We have

come to the conclusion that we may need to create a new position for this

We are an employer who sponsors a health plan; we are not a healthcare entity

Would anyone have a good job description for a Privacy Officer

Thanks

I have a client who participates in a 403(B) plan. He also has a sole prop business and would like to know if he can have a SEP based on his sole prop business?? Thanks.

I have a question I hope someone can provide some information on. We offer employees that leave the company with a minimum years of service to continue their medical coverage until age 65 (until they are eligible for Medicare) and life insurance for 10 years after they retiree.

Are either of these items considered retiree benefits that are subject to FASB 106 ?

I recently took a position with a company. When I arrived I

ask the previous Benefts person for the Section 125 plan document. She handed me the plan document for the Flex Spending Account. I have asked the Accounting, Finance and HR

people and no one knows where the plan document for the section 125 plan, meanwhile pre-tax employee deductions are being deduction from employee paychecks.

I would appreciate any feedback from others that I have found themselves in this position. How do you break it to the management that we could be in alot of trouble if the IRS was ever to audit us ! How do we do this - do we adopt it retroactively?

Also, based on the research I have done: We need a master plan Section 125 document, a Premium only plan (to take the employee deductions pre-tax) and a Life Insurance plan document (since we are providing $50,000 in life insurance to employees on a tax free basis.

Any help is appreciated. Thank you very much.

Anybody see a problem with an employer paying out a terminated participant with a company check and counting that distribution as a contribution?

The concern is that the money is not being run through the trust.

Client has a "traditional" 401(k) that they want to terminate as of 12/31/02. Do 100% of the assets have to be out of the plan by 12/31/02 in order for them to set up a SIMPLE plan 1/1/03? All employees will probably roll their plan balances into the SIMPLE, but that can't happen until early January 2003. Thanks. Maverick