quinnfield
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Everything posted by quinnfield
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Coverage Testing - Three Year Testing Cycle
quinnfield replied to buckaroo's topic in Retirement Plans in General
Try http://www.mhco.com/Commentary/2004/coverage42904.htm I find their "Back to Basics" Commentaries a useful resource. -
Crediting Service
quinnfield replied to Young Curmudgeon's topic in Defined Benefit Plans, Including Cash Balance
This sound OK to me, as long as they can pass 401(a)(4). You're right that a plan can't require more than 1,000 hours for vesting or eligibility. -
FAS 158 second year reconciliation
quinnfield replied to dmb's topic in Defined Benefit Plans, Including Cash Balance
I'm attaching a page we've been sending with our reports that has been well received by plan sponsors. Effect_of_SFAS__158.pdf -
Here's a link to FAS 157, if you'd like to read it: http://www.fasb.org/pdf/fas157.pdf It's generally applicable for fiscal years beginning after 11/15/2007.