david rigby

"There is no passion like that of a functionary for his function." - Georges Clemenceau

Peter, sometimes I look here when needing a rough estimate: https://www.dietrichannuity.com/, but this represents net settlement rates, usually for events such as DB plan close-outs. Is that relevant to your Q?

I vote Yes to posting of legitimate RFPs.

Could B adopt the plan?

Sorry, no expert. You might consider looking for a domestic relations attorney in a city near the border, such as Buffalo, Toronto, Detroit, Windsor, etc. Attorney website might have information related to your specific need.

Oops, maybe my statement is hasty. Read the links in this discussion: https://benefitslink.com/boards/index.php?/topic/64109-employer-has-been-notified-of-invalid-ssns/

Is there any possibility this information, assuming it's actually confirmed as fact, could indicate the person was never entitled, under the terms of the Plan, to become an employee and/or participant? (BTW, there are some prior discussion threads on this issue. Use the Search feature.)

Might be some prior discussion on that topic. For example, https://benefitslink.com/boards/index.php?/topic/64575-pbgc-missing-participants-program/

Data as of Sept 30, 2020 (Monday) seventh month-end after beginning of Coved-19 pandemic/isolation Moody's Daily Long-term Corporate Bond Yield Averages Utilities Industrial CorporateAaa NA 2.32 2.32Aa 2.68 2.36 2.52A 2.91 2.79 2.85Baa 3.25 3.62 3.44 Avg 2.95 2.77 2.86 Moody's Daily Treasury Yield AveragesShort-Term (3-5 yrs) 0.21Medium-Term (5-10 yrs) 0.44 Long-Term (10+ yrs) 1.26 Observation: (1) Comparing the Avg rates to 6 months prior, current rates are about 65-80 points lower. (2) Comparing the Avg rates to 12 months prior, current rates are about 50 points lower.

Duplicate posts. Let's put replies in the other one: https://benefitslink.com/boards/index.php?/topic/66679-death-of-sole-trustee/&tab=comments#comment-308142

I think the waiver of filing is a regulatory statement, not a statute. In that case, there is no change to the requirement to timely make and document any plan contributions. The SB is part of that process. In other words, follow Effen's advice.

At the risk of "being picky", with an extended due date of January 1, 2021, the "mailbox rule" is often used as proof of compliance with a statutory or regulatory due date: having a postmark by the date (there might be exceptions). There are no January 1 postmarks. If it were me advising a plan sponsor, I would point out the value of a 12/31/2020 postmark or wire transfer.

IMHO, including the date (i.e., the original date of the document) in the file name helps.

Perhaps this forum will help you. https://benefitslink.com/boards/index.php?/forum/24-operating-a-tpa-or-consulting-firm/

Rather than advise you to re-read 404(o), I suggest you talk to a pension actuary who specializes in these small plans. That actuary may also advise you that the point of this plan (BTW, your client is the perfect candidate) is not to maximize investment return, but to maximize the deduction. Use a DC plan for aggressive investment strategy.

Over NRA?

Could some of it be credit balance at 12/31/2020?

Well, there are other things that could be discussed (eg, changing the rate of accrual, maybe) that could assist you. CuseFan asks the correct question: what is the objective? It's possible an Early Retirement Window could be available. I recommend you discuss with the plan's actuary. If the actuary does not have experience with an ERW, ask for a reference to someone else.

We live in a time of transition, an uneasy era which may endure for years. During the period, we may be tempted to abandon some of the time-honored principles and commitments which have been proven during the difficult times of past generations. We must never yield to this temptation. Our American values are not luxuries, but necessities - not the salt in our bread, but the bread itself.

Not knowing the background, position, or skills of the original poster, I find it interesting that the question came from a CPA. Maybe, it's just me.

Ask Mike Preston, at prestonactuarial.com

Time for a DB plan?

A nice way of saying "participant" does not equal "employee" ? ?

Data as of August 31, 2020 (Monday) sixth month-end after beginning of Coved-19 pandemic/isolation Moody's Daily Long-term Corporate Bond Yield Averages Utilities Industrial CorporateAaa NA 2.42 2.42Aa 2.63 2.40 2.52A 2.86 2.76 2.81Baa 3.18 3.59 3.39 Avg 2.89 2.79 2.84 Moody's Daily Treasury Yield AveragesShort-Term (3-5 yrs) 0.22Medium-Term (5-10 yrs) 0.46 Long-Term (10+ yrs) 1.28 Observation: (1) Comparing the Avg rates to 6 months prior, current rates are about 15-20 points lower. (2) Comparing the Avg rates to 12 months prior, current rates are about 40 points lower.

The QDRO would be explained in the QDRO itself. Sometimes, due to inattention or sloppiness, the QDRO terms do not agree with the (more general) terms of the divorce/property settlement; making sure the former conforms to the latter is the job of the divorcing parties and the attorneys (ie, not the judge). This is important because the plan will follow the QDRO only. Your first job is to read the QDRO; your second job is to read the property settlement.