1.Top heavy screen does not pick up prior year distributions. 2.Plan entry requirement screen cannot handle immediate entry by service but not by age. example: 1yr wait, immediately entry if hired by 7/1/98 but are still not 21. They should not be in the plan. 3.Suspense account disappears when the new year is started. 4. Top heavy reports include ineligibles. This is a waste of paper. 5. Manumerge needs to have the options of taking over only selected fields for different account types.

I understand that any taxpayer who has an IRA can "convert" that IRA into a Roth IRA, as long as the taxpayer does not have adjusted gross income in excess of $100,000. If the taxpayer is married filing a joint return, the taxpayer and his or her spouse's income are taken into account in applying this $100,000 limit.

My personal situation has changed since I got married in June 1998. If you calculated an AGI for the combination of my wife and I, we would exceed the $100,000 limit. I would like to convert my 401(K) plan, which I just converted to an IRA last month, to a Roth IRA. I understand that I can file my taxes as single status for the 1998 tax year. What would be my status for a Roth conversion in 1998? Will the fact that I have to change my tax status in 1999 have any effect? Any help in this matter would be greatly appreciated.

THERE WAS A HEARING 12/10 ON PROPOSED REG WHICH WOULD PROHIBIT DEFERRING MIN DISTRIBUTION UNTIL 99 TO AVOID EXCEEDING 100K AGI IN 70 1/2 YEAR. WHAT WAS THE OUTCOME OF THE HEARING

On the 1998 tax forms, will conversion proceeds be entered below the AGI line? If not, will it be just 1/4 of the IRA? What about in each of the following three years? Will each year have 1/4 of the IRA proceeds counted as income above the AGI line or will 1/4 of the tax, based on 1998 total proceeds, be tacked on to the bottom line tax in each of the next three years?

Is it proper to place an employee on FMLA leave who has been injured on the job?

Just wondered if it was proper to place a worker on FMLA who has been injured on the job? If proper, is is advisable?

Can any tell me a formula to use for calculating turnover ratio and stability ratio?

Would anyone happen to know of a good, comprehensive resource book about stop-loss insurance - how calculated, attachment points (specific/aggregate) etc..? Thanks

Can a standard IRA contribution (assuming I qualify) reduce my MAGI for purposes of meeting the $100,000 limit for conversion of IRA to Roth? Whatever the answer, what is the official source I can read?

Does the IRS have any objection to offsetting a loss carryforward against the yearly income to be declared from an IRA conversion?

For plan years after 1997, self-employed's matching is not subject to the deferral limit of $10,000. Thus, a proprietor or partner can defer 10k and receive a match. (Taxpayer Relief Act of 1997)

Your plan may have to be amended.

I have not seen the PAB, so it's hard for me to believe they goofed that big, but there was a change.

The Plan document should address this issue in detail.

What would you suggest someone do if they expect their 1998 AGI might exceed $100,000 and they have already converted a tradional IRA to a Roth IRA in 1998. In this case, the person undid their initial conversion and reconverted after 11/1/98, thus maxing out their conversion limits for 1998.

As a teacher for the NYC Board of Education I contribute to the TSA Program offered by the Teachers' Retirement System of the City of New York. The TRS IS THE SOLE 403(b)CARRIER FOR THE CITY'S TEACHERS. The Union wants it this way because it controls 3 of the 7 votes on the TEACHERS' RETIREMENT BOARD.The investment choices are: I. An 8.25% guaranteed return. II. A Variable A Fund for investment in a broad range of common stock. and III. A Variable B Fund for investment in stocks and bonds. Investment elections are allowed only once per year. Exchanges can only be made in 1/12 installments over a year. Will a lawsuit that asks for more investment choices and improvement in the exchange policy succeed?

[This message has been edited by joel (edited 12-10-98).]

At our company we accrue vacation pay each payroll. For new employees we have a 6 month waiting time until vacation can be taken. If an employee leaves before that 6 months, are they entitled to their accrued vacation, even though it is before the 6 month waiting time?

Thanks.

Say a doctor (of course) terminated her DBPP back in 1987 because it was fully funded. This year, doctor was divorced and the spouse received 60 percent of plan assets (now in rollover IRA). Question: Doctor clearly no longer has assets equal to benefit projected back in 1987 -- can she start a new DBPP plan this year and start trying to make up what was lost to spouse?

Our company is in search of a company in California that could provide check writing srvices for a client of ours. The checks would be on the client's retirees and the firm in California would need to handle the withholding and etc. Does anyone know of such a company located in California that could help us please?

I am 72 and retired. I have Iras totalling about 110,000. Is it really to my advantage to convert these iras to Roth? I can not seem to fine=d a clear answer anywhere.

I want to convert my conventional IRA to a Roth. Is the conversion considered earned income? I've had a lot of investment gains on the IRA, so much of the total is actually investment income. Can this be reduced by passive losses? Also, some of my IRA contributions were after tax income, so I've already paid tax on that and reported in previous years on form 8606. Can I exclude those amounts from taxes due on the conversion?

Our company sponsors a prototype SEP plan. The Plan specifically states that an adopting employer who previously sponsored an now-terminated defined benefit plan may not rely on the IRS approval letter that is part of the prototype. Such an employer would need to file the plan as an individually-designed plan in order to receive a letter.

Does anyone know if there are any special procedures to do this that are different from those which apply to qualified plans? Also, does anyone know the IRS's rationale for this position?

Thanks for the help!