Attachment to Schedule SB

[mming]

I'm preparing my first SB and was hoping to get an answer to what may be an obvious question. Regarding the weighted average retirement age (line 22), in a small plan where both participants' NRAs are 65 (the document defines NRA as age 65), is the attachment described in the instructions needed? Are the instructions implying that it's only needed if particpants retire at different ages? All help is greatly appreciated.

[carrots]

I'm preparing my first SB and was hoping to get an answer to what may be an obvious question. Regarding the weighted average retirement age (line 22), in a small plan where both participants' NRAs are 65 (the document defines NRA as age 65), is the attachment described in the instructions needed? Are the instructions implying that it's only needed if particpants retire at different ages? All help is greatly appreciated.

As far as I can tell, for 2008, this attachment is required along with a whole bundle of others. The number of attachments, particularly for small plans, seems to be completely out of control!

[Andy the Actuary]

This question is not an indictment against attachments or a suggestion we need not comply or not care about getting them right.

Has anyone out there living or dead ever received a question from the IRS, DOL, PBGC, auditor, ASPCA, AFL-CIO, UFO-CIA, spouse, mailman, etc. regarding the content of the attachments? I can honestly say that in 30 years of signing Schedule B's, I've never received a question about the Schedule B let alone the attachments?

It would be interesting to hear if you have experience to the contrary.

[mming]

The Sierra Club once asked if I knew how many forests I've single-handedly wiped out over the years. I gave them a copy of the Paperwork Reduction Act. Still haven't heard back.............

[carrots]

Unfortunately, a number of years ago, one Schedule B became critical in a law suit. A possible error in one of the entries (the case was settled without a ruling) was used to cause a lot of trouble.