GMK

I see it as a beneficiary designation that identifies the beneficiaries and gives them equal shares. (I'd check with a lawyer to find out what state law says about it.) If you want a second opinion, you are justified in firing the person who accepted this beneficiary designation form on behalf of the plan.

Apparently it is: https://www.pwc.com/us/en/hr-management/newsletters/hrs-insights/assets/pwc-form-5500-changes-for-2015-filings-new-questions-optional-for-first-year.pdf

If the person worked 1000 hours from Jan. 1 - May 2, then she/he worked 1000 hours in her/his first year of employment, no? (like Mr. Presson said)

​After further review (like where it says self-insured), perhaps this helps, e.g., item 10: https://www.irs.gov/Affordable-Care-Act/Employers/Questions-and-Answers-about-Information-Reporting-by-Employers-on-Form-1094-C-and-Form-1095-C and maybe this (I haven't reviewed it): http://www.tangohealth.com/resources/blog/cobra-retirees/

You are correct. For the months after they terminate and are (or aren't) on COBRA, they are 1H and 2A. If they are on COBRA (and terminated), I'm told that the coverage provider will send them a 1094-C to document their coverage.

​page 10 of this help? https://www.irs.gov/pub/irs-prior/i109495c--2015.pdf COBRA coverage due to termination is not reported COBRA coverage while still employed (e.g., reduced hours) is reported

Welcome. I think that all you have to do is: Click on Forums in the dark blue banner, above and just below the sign in/sign out banner. Scroll to near the bottom of the list of forum topics to: SEP, SARSEP and SIMPLE Click on that forum Click on Start a New Topic, which is in the same position as the Reply to this Topic button on this page, above. Enjoy.

The audit provides a level of independent proof, if you will, that the plan is being run properly, which is significant protection for the plan sponsor and the fiduciaries, should anyone care to raise questions. In addition, the audit can catch things early for correction before they become a lengthy history of oops. It's expensive, but I'm glad that we do it for our little ESOP.

All the best in 2016!

Taxability of Retirement Benefits Varies From State to State. Seven states do not tax individual income — retirement or otherwise: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. Here are some links that might be informative to you: http://www.kiplinger.com/tool/retirement/T055-S001-state-by-state-guide-to-taxes-on-retirees/ http://www.retirementliving.com/taxes-by-state

This seems odd, or is it common for plans not to have distribution conditions based on disability? In any case, if she didn't terminate due to total disability (as defined in the Plan), I agree with jpod that it doesn't seem likely she can avoid the 10% penalty in this case.

1. I think yes, too. 2. LIne 16 is blank if the person is employed but not covered. 3. don't know for sure

or if a man says something when he's alone, is he still wrong? And the falling tree does make a terrific sound, so much so that it causes the bear in the woods to ...

Just guessing that they get the investment strategy summary from a fund's own summary description sheets (like the information on the fund's website), and if that changes, then (perhaps) they check it against the prospectus. And I'd still like to know how they get away with not listing risk information on the fund fact sheet.

It's appropriate to include information about any martket-timing restrictions on the fund fact sheet, but it is an ongoing chore to check and confirm that the situation is unchanged each month or each quarter for every fund. If the fund fact sheets are going to inform participants whether or not restrictions apply, then the information in the fact sheet has to be kept up to date whenever the fund changes it's restrictions policy. I don't know how often that may occur, but ongoing monitoring would be required for accuracy in the fact sheet. Perhaps it would help some participants if the fact sheet included a general statement for the participant to check the prospectus to find out if the fund company imposes any restrictions on the frequency of trades. And the SPD can talk about how investment directives might not be implemented in certain cases, such as, for excessive trading, market timing, or other legitimate reasons. And while we're at it, what about fund fact sheets we see that do not include any risk information, not even a Std Dev or even a 1 to 5 risk rating?

along these same lines: http://benefitslink.com/boards/index.php/topic/58147-say-goodbye-to-erpa-eventually-i-guess/#entry256128

Happy 11/13/15. It's the last "consecutive odd number" date this century. [i agree that I'm straining to make something significant out of the date. Kind of like the useless statistics that announcers and commentators now spout before, during, and after sporting events.] Have a great day, and May the oddness be with you.

My suggestion would be to fill out the AA to do what you want and then write your own description section in the SPD to explain it to Participants. [i am not a fan of SPD's that are generated by a computer from an AA.]

It always pays to check, Steve. Tom, red is the correct color, but not a crayon. When unnamed providers pull stuff out of a hat, you should use a MAGIC marker.

This guide: https://www.irs.gov/pub/irs-pdf/p15b.pdf doesn't mention "bonus" or "sign" so you probably need to use your imagination to fit a signing bonus in as an excluded fringe benefit. It looks like pay to me, but I'm no authority on it.

Tom, your test of manhood sounds a lot tastier than ours was. Great story, too. Up here in the heart of winter, the test used a twenty-below-zero flagpole or doorknob instead of Fizzies. I never took that test, which might explain why I never matured beyond the juvenile stage. I haven't had a Mallo Cup in decades, but every once in a while I find a Walnetto, which still tastes great.

I have the same something in the back of my mind, but I don't have a cite either way.

http://www.history.com/topics/henry-ford/videos/the-ford-edsel

My recollection of A&W's is closer to Belgarath's. Sorry, ESOP Guy, but a "lady on roller skates" would mean like my Mom ... which is OK, but it's not what I saw at the A&W. For your list, Andy, maybe add push-button controlled automatic transmissions.

For one, the person who just inherited a pile of cash and decides to live off that money and squirrel away as much paycheck money as they can tax-deferred for retirement.