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What code should we enter for the 2005 1099-R?

The only one that sticks out for me is "Thin line between love and hate."

In March 2005, a non-spouse beneficiary requested to have a rollover distribution into his IRA. No one caught it so the rollover went through. I was informed of it now since 1099-Rs are being prepared. I'm not sure how to correct this. I know I should inform the participant that the distribution was not eligible to be rolled over; it should be withdrawn from the IRA, and it should be taxable income in 2005. Should we prepare a 1099-R for 2005 disclosing it as a cash distribution? Or, have it withdrawn and let the IRA issue a 1099-R for 2006 disclosing it as a cash distribution? But then, how would it be reported for 2005?

A small plan purchased an annuity for a participant. How should this transaction be disclosed on the 5500? Distribution on item 2e of Schedule I in the amount of the annuity purchase? Should a 1099-R be prepared for the participant? Thank you.

Can anyone provide me with a link to the BNA 80 page summary of the bill? Thanks, Tony

Mike, We've met before and talked a couple of times at Sal's conference, including the seminar you held last year. I read BenefitsLink since it started but never registered until last year on 04/01. Tony

I just called the IRS about amending the testing method from prior-year to current-year for plan year 2003. According to the agent, the deadline to amend the plan under IRC 401(b) is the tax filing deadline for the company. I specifically mentioned that this amendment is for a post-remedial period. I haven't completely read 1.401(b), but it sounded as if it wasn't a big concern to the agent. I'm still concerned that it's still too aggressive. Any further thoughts?

Thanks

Can a difficult pregnancy be considered a change in status, thereby, a participant can increase her contribution amount under medical reimbursement? ...and under what regulation?