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wally

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  1. Hoping for some advice. We just took on a client earlier this year with a DB plan that had been in place for a while. We outsource the actuarial work to several actuaries. The actuary who previously worked on this plan has subsequently passed away this year. In looking for another actuary to take over the case, we are finding the previous work is difficult for the takeover actuary to figure out and they are declining to take on the work. I believe the issue relates to a freezing or capping of benefits that occurred several years ago. Unsure how to proceed.
  2. The IRS modified tax return deadines for 2016. What we are questioning is whether the deadline for making a contribution for a calendar year plan is still September 15th, or (as the form 7004 instructions suggest) has the deadline now changed to October 15th.
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