Schedule R- MP Plan

[Guest rachd]

I have a Money Purchase plan that used forfeitures to reduce their employer contribution. How do I complete lines 6a-6c on the Schedule R?

6a Minimum Required Contribution?

6b Amount Contributed by the Employer?

6c Difference between Amounts

In this case, the Min Required Contribution is $357,580 but actual contribution was only $349,515 after taking forfeitures into consideration.

I am thinking that I am wrong in entering the Min Req'd Contribution as $357,580 and that it in fact should be the $349,515. Is this correct?

Thanks,

Rachel

[Lynn Campbell]

I would use the actual contribution made by the Employer. That would be the lower number, so I agree with your conclusion.