pgold

thank you

Plan Sponsor changes name and plan name in middle of the year. What name should be used on 1099R forms and 1096 forms? Old name or new name?

A profit sharing plan terminated in 2019. Owner took RMD beginning of 2019 based on 2018 account balance.. Now that the plan assets are to be distributed, is it necessary for the Owner to take another RMD (distribution is being rolled over to an IRA)? When is the next RMD due , and what is it based on?

What are the 415 limits for 2020?

Thanks

I have a pre approved plan, ABC Profit Sharing Plan , Employer ABC Corp. PYE 12/31/18 Effective 1/1/19 Articles of Incorporation with a Statement of Conversion changed the name to XYZ, Inc. The EIN is the same. I don't know what should to do about the plan. What changes do I make? Does ABC end and xys adopt the plan? This is a California company. PLEASE HELP

If it is less than $5000, can you 1. transfer to an IRA, or 2. Send cash minus 20% the reason for the distribution is the participant terminated employment.

What do you do when terminated participant doesn't return election forms in 401K plan?

Thank you

A one life individually designed designed DB plan wishe to terminate in 2018. The plan was restated in 2012 for PPA. No changes have been made to the plan. Does the plan need any amendments before it can be terminated?

Thank you all very much

A key employee of a corp. has comp of 70,000, defers 20,000 (18,000 plus 2,000 catch up). 415 limit 70,000 x .25 = 17,500 If a profit sharing contribution is made to another plan of the same corp. is this key emplyee entitled to an allocation? My thought is no. because the employee reached 415 in 401K plan and PSP doesn't have catchup??

for a regular employee

What is the deadline for making a 2016 catchup contribution?

Are employee deferrals included in 415? Salary 70,000 defers 18,000 What is max Profit Sharing Contribution?

If a VS DC plan has DL for EGTTRA and now is submitting for PPA. What amendment must be stated on 5307 item g? What amendments must be sent to the IRS with the 5307? Thanks

Profit sharing plan is terminated as of 10/1/2016. All plan participants received their distribution except one. His account balance is $20,000. The participant refuses to sign distribution forms or receive distribution because he doesn't want any assets in his name. He can not be reasoned with. The plan sponsor wants to close out the plan by 12/31/2016 and file a final return. Is there any way to resolve this situation?

Is it possible that there are no interim amendments since the cycle E EGTRRA submission? I think the final 415, PPA , Heart and WRERA amendments were included in the EGTRRA document. Does anyone recall if this is so? Thanks

Thank you

No What would happen if there was an audit

A husband, wife and two children are the only participants in a 401k plan. Is it necessary to provide any disclosure notices?

Is it possible to change from a participant. directed account to trustee directed? If it is, what steps must be taken?

If the account of the deceased participant was rolled over to each bene, can you use each bene life expectancy to calculate RMD?

In a 401K plan there are 3 ben. (1 spouse age 60, 2 children age 30 and 40), The participant is receiving RMD. If participant dies can the ben. use there own age to calculate RMD? If they can't what age must be used? How would it be different if spouse was sole ben?

If an employee has w-2 comp of $15000, what is the max elective deferral to a Roth 401k Plan? Can it be $15000 or must it be net of fed, state and soc sec payments?