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Brian, Here is a link that appeared today. http://www.segalco.com/publications/bullet...sandfactors.pdf I don't know where they got the Pension numbers. I haven't seen any IRS announcement. Only the SSA.

or in the Bronx

Maybe we should send this to our friendly legislators especially the ones that lean a tad to the left!!

Anybody awake in the Red Sox Nation. Great Game Last Night.

Moe Howard2 Dave provoided me with this information. Gary Lesser has a calculator http://benefitslink.com/GSL/QPSEP_profile.html

TRY Mr. Avaneesh Bhagat EP Voluntary Compliance Coordinator TE/GE Division IRS 2400 Avila Road MS 3000 Laguna Niguel, CA 92677 949-389-4420 fax 949389-5017 Information from 2004 Mountain States Benefits Conference IRS ASPA & Western Pension & Benefits Conference Sponsored

Moe Howard2 He has probably already received a lot of requests, but i e-mailed Dave to see if he could include a calculation for the self-employed plan.

TRY THIS http://benefitslink.com/cgi/integ.cgi

From IRS PROPOSED Regs 1.408-7 See (d) (2)

built in margin of error and as stated before Not an actuary. You know what Mark Twain said about statistics. "There are Lies, Damn Lies & Statistics."

ok I'll give it a non-actuarial shot. 100,000/82.65 (current Average) = 1210 adjusted for weekends & Holidays = Monday January 29, 2007. give or take a 5 day margin of error.

Any long term guesses on the next 100 (k) Actuaries start your engines.

Being a non-actuary & the fact that it is so close, I won't change my guess even though the avg / day is predicting tomorrow. And I'm adding to the #s. Good luck to all guessers.

avg is 87 per business day since 9/30. 210 to go = 2.4 days = sometime Wed Morn 10/13

550 to go

Balances are no longer adjusted for prior year contributions for RMD purposes. The employee would start distributions in the following year.

# of posts til 100K = 653/82(# of posts today since original post)= 7.963 days + 2 no business days = Oct 10 about 3:00 P. M. and I'm not an actuary. make that Oct 12 due to 4 week end days. oops. I said I wasn't an actuary>

SIMPLEs & SEPS follow IRA rules. No Delays.

One could have two IRAs with the amounts segregated initially by the amount of taxable and non-taxable $ in the original distribution from the QP. However, once in the IRA, the distribution rules ( see form 8606 previously mentioned) would dictate the taxable and non taxable portion regardless of the account the distribution is taken from. I used to get this question all the time when dealing with non-deductible IRAs before the ROTH IRA was introduced. Many people would set up small non-deductible IRAs and also have a very large Rollover account. The non-taxable % was almost insignificant but with each distribution had to be recalculated taking into consideration all IRAs of the client. Edited for Typos

MBOZEK Thats what I'm saying. There is really no point.

The IRS looks at all IRAs of an individual as one arrangement. The distribution rules and calculation of taxable amounts is determined using form 8606. It doesn't matter where the distribution comes from. I don't see the point of segregating taxable and non-taxable amounts. Am I missing something?

I agree. It will create a basis that needs to be tracked by the TPA.

Its time for me to retire to the home for aged pension professionals. "TOTO, were not in Kansas anymore"

Here is the PTE & Regs DOL Class Exemption PTE for transferring small balances to IRA plans in the employers institution or affiliate. PTE DOL REGS on Automatic Rollovers from QPs REGS

We did handle Pre-Erisa Plans and filed the EBS -1. and the only dino I saw at the time was on the Sinclair Gas stations.It was Green BTW I used to buy Super Shell for l9.9 cents and we were horrified when it went to 50 cents and we had to get up at 4:00 A. M. for our 10 Gal limit.