david rigby

I could not locate any such form number. However, see page 4 of the 2011 Michigan Income Tax Withholding Guide for instructions on voluntary withholding: http://www.michigan.gov/documents/taxes/44...AL_336590_7.pdf

Data as of 30-DEC-11 (Friday) Moody's Daily Long-term Corporate Bond Yield Averages Utilities Industrial Corporate Aaa NA 3.77 3.77 Aa 3.91 3.90 3.91 A 4.24 4.34 4.29 Baa 4.99 5.33 5.16 Avg 4.38 4.34 4.36 Moody's Daily Treasury Yield Averages Short-Term (3-5 yrs) 0.60 Medium-Term (5-10 yrs) 1.39 Long-Term (10+ yrs) 2.49 ----------------------------------------------------------------------------------------------------------------------------------------------------------- By the way, corresponding Bond Yield Averages for December 28 were (about) 2 basis points higher than 12/30/11. Corresponding rates for 12/23/11 were (about) 18-20 basis points higher than 12/30/11. Some users/reviewers of these items have questioned whether these rates are appropriate for FAS87 purposes. I agree that Moody's rate may not be the best choice. However, I continue to post them as a reference, and not as a recommended discount rate. If you desire to discuss what is an appropriate rate, you may contact me directly.

The "genius" is probably someone who works in real estate, and never heard of RMD.

There was a plan at that date. The form of the plan changed, but the accrued benefit still existed.

No cite, but common sense (OK, that rarely applies to regulatory agencies or Congress) indicates that the EE had an accrued benefit, so RMD should apply.

Some chronology might help: 417(e) was subtantially amended by TRA86.

(a)(26)?

Rule No. 1. Insurance is not an investment. Rule No. 2. See Rule No. 1. Decide what you want to do: the purpose of life insurance is to provide protection (for spouse, children, estate, etc). Keep investment decisions separate.

In case you have not seen this from 12/22/2011 Federal Register, it's worth reading: http://www.pbgc.gov/documents/2011-32804.pdf Just my opinion, but it seems PBGC has overstepped their authority.

More at this duplicate post: http://benefitslink.com/boards/index.php?showtopic=50431

I have seen plan amendments enacted after plan termination date. IMHO, your proposed amendment should be valid, but you may wish to get opinion from your ERISA attorney.

Sorry, I do not have those. Each day, Moody's posts the prior day's yield rates, but does not save the history. If you want history, you have to pay for it. FYI, Data as of 20-DEC-11 Moody's Daily Long-term Corporate Bond Yield Averages Utilities Industrial Corporate Aaa NA 3.87 3.87 Aa 3.95 4.00 3.98 A 4.28 4.38 4.33 Baa 5.03 5.38 5.21 Avg 4.42 4.41 4.42 Moody's Daily Treasury Yield Averages Short-Term (3-5 yrs) 0.54 Medium-Term (5-10 yrs) 1.34 Long-Term (10+ yrs) 2.50

I can't imagine why the Plan would not want to inform the participant.

Thanks for posting your experience. Best advice is to make sure the letter includes a date and warning that alerts the recipient to a possible delay. Your tax dollars at work.

IRS Proposed Reg. 04/15/2008. http://www.irs.gov/retirement/article/0,,id=96688,00.html See 1.430(a)-1©(1) Cross reference to Reg. 1.430(h)(2)-(e) See the Reg dated 10/15/2009.

Amazing!

The mere existence of this "alternative plan" (as described) raises some alarms. I don't know what the intent is, and it may be legitimate, but further explanation is probably needed.

Another con: at-risk testing under 430(i).

Does 401(a)(36) apply?

You ask, "where can I find form 3115"? http://www.irs.gov/app/picklist/list/formsPublications.html

Did you notice the "age 62" requirement in 401(a)(36)?

Isn't "dependent" an important characteristic?

Just off the top of my head: - an estate probably cannot create an IRA, - assuming this death benefit is not rollable (by the estate), then the default withholding is not 20%, but might be some other percent. Have you checked IRS Publications 590 and 575 to see if either refers to "estate"? BTW, the PA might be prudent to remind the estate's executor that the estate should have its own TIN, rather than use the deceased's SSN. (But the PA will follow advice from the plan's ERISA attorney rather than my advice.)

Do you care what the tax responsibility of the estate is? I'm just asking.

Can I have the name of this TPA, and their client list?