michaelhughes

Word and could

I think if the wor "time" is in the excluded"class" the LTPT rules bring them in. In other words, truck trivers" as a class cold be excluded - also all "Clowns." Subject, of course to the old non-discrimination rules for class exclusions.

Big Deal. How about the 5558? Too many IRS jobs lost in Ogden Utah?!

Thanks for the response and the reference to another recent post. You are not justanotheradmin! The plan is a 401(k). It does all incoming rollovers. Thanks again.

Participants husband and wife in same plan. Reciprocal beneficiary designations-His to her and hers to him. Wife has died. Husband is, as stated, the beneficiary and has requested an immediate lump sum. Husband want to Roll over the distribution to his rollover account in the distributing plan. Can this be accomplished by an intra plan transfer? 1099 to be issued with G code. What am I missing? See the attached "Rollover Chart" from IRS, as annotated with highlight. Thanks for your thoughts. rollover_chart.pdf

Get out of the Nineties!

The Determination Letter program was eliminated for a reason. VCP is the new answer. and pre-approved plans are what the IRS wants you to use.

Law firms don't do warranties, at least not good ones. They are not car salesman. That is why they pay malpractice premiums.

How about finding a law firm or lawyer that maintains/sponsors an IDP Volume Submitter. Unlikely that a plan would not "fit." Also, consider the new "qualified" regime in which the IRS will rarely, if ever, "disqualify" a plan for any reason, not the least of which is a document deficiency. At worst, VCP could fix a shortcoming most likely at a fee far less than having a firm "audit" the document, for what that is worth