BenefitsRUs21
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Can anyone provide a good source for laying out the steps and implications regarding converting an ESOP to a profit sharing plan?
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ESOP - plan conversion
BenefitsRUs21 replied to waid10's topic in Employee Stock Ownership Plans (ESOPs)
BUMP -
Can you send a link to the transcript of the May 2005 conference?
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Plan was amended effective Jan. 1, 2018 and plan was operated in accordance with these amendments. For some reason, the actual amendment was signed and adopted until April 2019. Is there an issue and if so how is it corrected?
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Plan was amended effective Jan. 1, 2018 and plan was operated in accordance with these amendments. For some reason, the actual amendment was signed and adopted until April 2019. Is there an issue and if so how is it corrected?
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A participant in the cash balance plan refuses to cash his RMD. He even sent the check back to the plan. I am not sure how to proceed. I know the IRS has issued guidance regarding missing participants with respect to uncashed RMDs, but in this case, we know of the participant, he just refuses to cash his check.
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Why can't forfeited amounts be applied to payments on the ESOP loan?