pgold

No I have thought about it more and think it is 12/31/2013 is when the first payment to him is due, but it is strictly speaking the 2nd RMD. It is just the first RMD was for an amount of zero. Thank you

But what if there is a $0 account balance as of 12/31/2011? What would you distribute on 4/1/2013?

It is true the 12/31/11 is $0 Are you sure the first RMD is 4/1/2014.?

If a 5% owner (who statred ompany in 1980) established a new plan on 1/1/2012 and said owner turn 70 1/2 on 10/1/2012. The contribution will be made 12/2012. When do RMD commence. I think 4/1/2013, but I am not sure. Thanks

When you have both a DB plan and 401K plan, do employee deferrals count towards 415 limit ex. comp $250,000 DB contri 100,000 3% SH 7,500 Can you also have employee deferral of $16,500?

I understand that the full DB contri is allowed plus 6% DC contri Is the employee deferral also included? ex. $250,000 comp 100,000 DB 7,500 3% safe harbor can you also have 16,500 employee deferral? 25% of comp is $50,000

I have the newest update on Relius (aug 10,2010) Now 5500 SB won't print Anyone know what is wrong?

I am trying to get more info. Thanks for your response

A company with 10 employees sponsors a profit sharing plan. An investment advisor convinced the trustee to puchase an annuity with all the plan assets. The annuity is based on the trustee's age, there are no provisions for the employees. The trustee did not understand what he was purchasing. Does he have any recourse in getting his money refunded? Can anything be done? Is the trustee liable for any breach of fiduciary conduct?

Do these forms need a signature or was this requirement suspended in 2005?