YogaTPA

We switched over to FTWilliam from Relius in late 2016. We have been very happy with FTW especially because it integrates with all their other features that we also use (tax forms, plan documents, and we recently signed up for their portal). The price can't be beat, as far as I know. I'm a "youngster" and never liked the flow of Relius. FTW is more intuitive. Though none of these systems are perfect.

Lou, that could be it too. Thanks

FWIW, I did get a little bit more detailed of an answer. They called me back and said the discrepancy is probably due to three things: Rounding Timing Fees added (I tried adding in fees in varying amounts but couldn't match their number, but I guess this is more info than I had two days ago.) At some point I will get hold of an amortization schedule and try to nail it down once and for all!

It sounds like something that could be done in Access, but it would probably need to be custom. I doubt one exists already. Is this basically what you want to do: Calculate payments and store them in a database Extract payments in a desired format (csv perhaps) - this is one query on the db that produces one row per participant with their payment Extract payments in a summary format (again, maybe csv) - this is a different query that sums up the payments for each participant by month or year If so - if it were me I would probably write a script and store the data in a MySQL database, and run queries against it that outputs the data into csv (or whatever) format.

I work with a recordkeeper whose calculated loan payment never seems to match the one that I calculate. I generally use a standard loan amortization schedule (a spreadsheet and I also coded one in Python), and have cross-checked it on multiple online calculators (those calculators almost always match the one I get, perhaps off by a penny). I asked the recordkeeper about it and got a very vague answer - that it depends on the interest rate and on the time period. Has anyone else experienced this, and if so, have you gotten an answer to the discrepancies? Part of the reason I am asking is because I like to generate my own amortization schedule and when a payment is off by even $.10, it adds up over 5 years and makes my schedule wonky even if I try to override the payment amount. I really want to know what is going on with their calculator.

1) Surrender = tell the insurance company to pay the cash value to the plan. Taxable distribution = when the participant then takes the money out of the plan. 2) What type of money were the policies originally bought with? If it was PS... then yes it would be PS. 3) No... it's taxable when the money comes out. The insurance policies are already in the plan so it's not like outside money is going into the plan.

This is a very interesting topic so I did some googling to dig up other similar situations. It appears that a similar question was asked on these boards back in 2014: The answer then was: Failure to take RMDs is the deceased's responsibility, and don't transfer to the beneficiary. They will need to take the 2017 RMD, but too bad for the IRS for the other years! And too bad for the estate that they don't get the RMDs. Here's a little more discussion about late RMDs (and that they are not the responsibility of the beneficiary): https://www.irahelp.com/forum-post/25904-decedents-failure-re-title-deceased-spouses-ira-no-rmds-taken - but it's a different situation and doesn't really apply to the beneficiary vs. estate argument.

I think this option (PBGC offering lost participant services for DC plans) is not going to be available until 2018 at the earliest. https://www.pbgc.gov/prac/terminations/missing-participants Anyone know for sure?