BenefitsBum

To ESOP Guy: Nope, not a math error on my part. The total would appear automatically correctly, but then would change after I reopened the file. For example, I would input 3,333 into 16a(1) and 1,111 into 16a(2). 16a(3) initially would display 4,444, but after logging out and back in, 16a(3) would change to 33,331,111 (essentially a combination, rather than a sum, of the two values). When I call pay.gov they tell me they've never heard of this issue... Such fun.

Has anyone experienced problems with responses being changed in Form 5310 being filled out through pay.gov? I'm using Chrome. On multiple times, I've had the numbers in line 16a(3) change on me after I've logged back into the form. I'm having similar issues with additional items being checked off in line item 3f and line item 20. How does one submit the completed procedural checklist for the Form 5310 on pay.gov? Does it appear after the signature page is completed? Thanks

Thanks all.

I know the subject of reinstatement of forfeitures on plan termination has been covered before, but I don't believe it was ever in the context of amounts that were forfeited under 1.411(a)-4(b)(6) for missing participants. The PBGC seems to believe that a plan termination does not extinguish a participants right to claim a reinstatement of such forfeiture. What about the IRS though? Does the IRS expect all amounts previously forfeited for missing participants to be reinstated when a plan is terminated?

Thanks Luke.

Hi Any practical suggestions for responding to line 19, which requires submission of proof that any rollovers or asset transfers received by the plan applying for the determination letter were from a qualified plan or IRA? For instance, is it sufficient to describe the plan's rollover process in general? Or is the IRS looking for something more particularized for each rollover accepted? Thx