Rocha

Thank you all for the commentary. Best

Anyone have an answer to this question? Or is the sponsor stuck with this deceased participant balance indefinitely? Based on balance, he cant be forced out ( over $7000 as well). I don't think transferring to states unclaimed property division is answer either. Any insight is appeciated!

Hello all Generous Employer LLC is the sponsor of a Profit-Sharing plan AND a Cash Balance Plan. Jim owns 100 % has 20 employees. Generous Employer, INC is adopting employer of same plans (PS and CB). Jim owns 80%. another 10-15 employees So, one DC plan, two related sponsoring companies and one Cash Balance Plan, two related sponsoring companies. They make a generous annual contribution to the DC and Cash Balance plans adhering to the 25% aggregate deduction limits. The question: does it matter which tax return takes the deduction if the contributions are going into the same plan owned by same owners? TX