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Posted

Given the recent GUST/EGTRRA (incl. 401(a)(9)) amendment activity, I would doubt that there are any amendments which would be required of a terminating money purchase pension plan. However,........ Anyone submitted a defined contribution to the IRS recently and had to amend to bring it up to speed with the current legislation, etc....? Was going to submit the 5310 with the current plan doc. plus the good faith EGTRRA amendment, but just wanted to know if there were any other amendments I needed to get into place instead of waiting for the IRS to kick it back to me. Thanks for your help.

  • 4 weeks later...
Guest saber
Posted

The only ones I am aware of are the final 401(a)(9) and EGTRRA as you mention.

Posted

I use Corbel and they have an EGTRRA and Post EGTRRA amendment that I would adopt.

CBW

Posted

Dude - For all the effort you put into these boards and the good info/ideas that I have gotten, I'll share whatever you ask.

Some of the highlights of the provisions:

POST-EGTRRA:

Exclusion of Rollovers in Application of Involuntary Cash-out Provisions

Catch-up contributions permitted effective for calendar years beginning after December 31, 2001

Amendment for Section 401(a)(9) Final and Temporary Treasury Regulations

Deemed 125 Compensation

INVOLUNTARY CASH-OUTS

HARDSHIP DISTRIBUTIONS

CBW

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