Guest MikeMiller Posted April 12, 2002 Posted April 12, 2002 I have a plan with the following: 412 Traditional FFL = 4,442,637 RPA FFL = 0 Normal Cost + Amortization of Bases + Interest = 944,838 FSA Credit Balance = 0 Is my minimum required contribution $944,838 ?
david rigby Posted April 12, 2002 Posted April 12, 2002 I'll have to make some assumptions. Assuming that by "RPA FFL", you mean the "RPA '94 FFL Override", and assuming that the OBRA 87 FFL is more than the 944K, then the answer to your question looks like YES. But don't forget two items: 1. interest to the EOY (if not already included) 2. check for the Additional Funding Requirement. I am a bit confused why you are asking the question. Seems pretty vanilla. Perhaps there are other facts not presented? I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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