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dmb

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Everything posted by dmb

  1. If an employer maintains a money purchase plan and a profit sharing plan and a terminated participant is due to recieve less than $5000 from each plan, but more than $5000 total, is spousal consent required if plans provide for immediate distribution if less than $5000???
  2. I would like to change a valuation date from beginning of the plan year to the end of the plan year. What is the proper procedure to apply for a funding method change that is not covered by the automatic approval under Rev Proc 95-51?? Thanks.
  3. Has there been a recent IRS ruling or document on plan term fees being paid from the plan for DC plans?? My understanding was that settlement fees could not be paid from the plan. Thanks.
  4. Can a Defined Contribution plan (Age Weighted in this case) provide for ALL eligible participants to receive a Top Heavy minimum 3% contribution as opposed to only non-key eligible participants???
  5. If a corporation is being sued, is their pension plan protected against such lawsuit or is it fair game?? Thank you.
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