maryflemingphr@yahoo.com

Hello, Do cash balance contributions get reported on the W-2? If so, which box on the W-2? Thank you!

Hello, Question is if a recordkeeper did not start RMDs by the required date, does the RMD amount for 2022 get adjusted to take into account the missed RMDs? The situation is a new recordkeeper is processing the RMDs. The participants did not start RMDs for a few participants going back several years while with the prior recordkeeper. Thank you.

Are you being given the opportunity to pay back the lump sum?

All of my research and in my experience working in a prior job says cash balance is a qualified plan that has to pass testing. Has anyone ever heard of an executive cash balance plan? Can a plan sponsor designate only HCEs and/or executives for a cash balance plan?

Is it typical for participants in one 401(k) plan with pre-tax and Roth to have the same investment elections or is it typical for a participant to choose an investment election for pre-tax and a separate election for Roth? Thanks!

I'm glad you're a Mets fan:)

Good point Luke.

Hello, Is it possible to charge administration expenses to a fully-insured H&W plan? We are updating the plan docs and SPDs which is an administrative expense thus this question. Thank you,