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Posted

Plan deposited deferrals late and wishes to correct by providing interest and filing Form 5330. A "VFCP Filing" is not desired. I understand there is also a notice that needs to be distributed to members discussing the late deferrals and related correction. Is there available any guidance on the content of that notice? Thanks.

Having braved the blizzard, I take a moment to contemplate the meaning of life. Should I really be riding in such cold? Why are my goggles covered with a thin layer of ice? Will this effect coverage testing?

QPA, QKA

Posted

Jim, I am having a hard time finding it. For example, I read through the entire amendment for the PT Exemption and no luck. Do you have a link that you could provide? Thanks, I always appreciate your postings.

Having braved the blizzard, I take a moment to contemplate the meaning of life. Should I really be riding in such cold? Why are my goggles covered with a thin layer of ice? Will this effect coverage testing?

QPA, QKA

Posted

No takers on this?

Having braved the blizzard, I take a moment to contemplate the meaning of life. Should I really be riding in such cold? Why are my goggles covered with a thin layer of ice? Will this effect coverage testing?

QPA, QKA

Posted
No takers on this?

I believe the notice is only required if you are filing under the VFCP program and are seeking relief from the excise tax.

If you are self correcting and paying the excise tax, then the notice is not required.

William C. Presson, ERPA, QPA, QKA
bill.presson@gmail.com
C 205.994.4070

 

  • 1 month later...
Posted

Thanks Bill. I came across this while looking up something else. Guess I didn't "track" this topic. Anyway, thanks! :lol:

Having braved the blizzard, I take a moment to contemplate the meaning of life. Should I really be riding in such cold? Why are my goggles covered with a thin layer of ice? Will this effect coverage testing?

QPA, QKA

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