§#$%!

The employer will reimburse the participant for all excise tax.

Should the retroactive payments be based on the election that participants will elect? Current provisoins do not allow for retroactive payments, but the plan will be amended for the provision. Effen, Actuarial adjustments to those benefits were also proposed but there's one participant who should have started benefits in the early 1990s, and MRDs are also included in the correction. Plus, there are no provisions in the plan for actuarial adjustments for benefits commencing after NRD. SoCalActuary, Lump sum are only available in death only.

This a medium-sized DB plan (> 900 participants). We found that there are 8 terminated participants who should have commenced annuity payments years ago. ERISA counsel suggested to self-correct the error by making backpayments (with interest) for those missed payments. My question are: Prospectively, can the participants elect benefit options, even though those backpayments will be made based on the plan's normal benefit form-SLA? Thank you.

After reviewing last year's file, there was a questionnaire that the auditor sent us among other requests, and the last series of questions asked for independence, qualifications, etc. Unfortunately, those questions never mentioned SAS 73. From I have read, those questions fall under SAS 73.

This is the first year an auditor asked for a SAS 73 report. I don't ever recall providing this report to an autditor, and after reading a summary of this, it appears that the auditor would be the one who is required to disclose this report if the auditor enganges a specialist, such as an actuary to review the valuation. We are the TPA that prepares the valuation. Are we responsible for this report? Thank you.

A client wants to gift $100,000 to his former university from a qualified retirement plan. If this is possible, what type of distribution is this from a qualified retirement plan? …rollover or cash? Cash? Distribute $125,000 ($25,000 payable to the fed for w/h and $100,000 payable to the participant) and have the participant endorse the check to the university. Or, have the participant deposit the check and have him issue a personal check to the university. Can this be a rollover? Thank you.

2 independence day 3 bridge of the river kwai 4 true lies 5 planet of the apes 7 sum of all fears 8 raiders 10 the untouchables 15 cliffhanger 18 ghostbusters 21 speed

I saw the answer, and I saw that movie too; I didn't realize I've seen most of those movies that I couldn't answer.

2. weird science 7. mulan 9. may (this is a weird movie) 11. death to smoochy 14. don't say a word 23. toy story 25. airplane 26. blue velvet? 27. old school

I watch movies during work hours. I realized my answer was wrong-I peeked.

page 1 1. maid in manhattan 2. the untouchables 3. bambi 5. stuck on you 7. blade runner page 2 1. as good as it gets 8. 12 monkeys page 3 2. the shining

17. planet of the apes

is 6. world according to garp?

13. attack of the body snatchers 23. sweet badass something something 29. frida 32. moulin rouge 35. good will hunting 4. citizen kane

#8 dennis the menace #22 clueless #10 swat #16 out of sight

#1 princess diaries #2 swingers #5 space jam #7 cat on a hot tin roof

more hints page 1 #1 2005 drama NORTH COUNTRY #5 is sci fi (1997) GATTACA page 3 #3 Biography (2005) #5 sci-fi (2004) #6 teen comedy (1989) HEATHERS #7 comedy (2000) HI FI

#5. towering inferno

West Side Story (page 1, #4), it looks like Maria Dog Day Afternoon (page 1, #6) Plane, Train & Autos (page 1, #8) this day is shot Pale Rider

#8 - Beverly Hills Cop? #16 - Close Encounters of the 3rd Kind or War of the Worlds

#12 ROCKY! ROCKY! ROCKY!

1. the good the bad and the ugly

$32,958.53 is the number I used. My initial reaction was to fix 415 first. Thanks.

I lost that worksheet Sal prepared four years' ago. Somebody should have a copy in this office. Would your answer change if: 1. None 2. I'm trying to give max ps cont to this person >$42,000 3. $3,000 was used up for ADP and 415 for pye 2004 (maximized ps for pye 2004) 4. $10,416.88 for q1-q3 of 2004; $2,583.12 for q4 of 2004 and $13,000 for 2004 I say that it can't since catch-up was used up for 2004 and this person deferred $18k in calendar 2005 Thanks Mike

Plan year ended 09/30/2005. ADP test failed and refund of excess contribtuion is required for $200 for a participant over 50. Can this be treated as catch-up if the following deferrals occured? $13,041.47 for the plan year; $18,000.00 for calendar year 2005 ($10,458.35 in q1-q3 2005, $7,541.65 in q4 2005)