Jump to content

Recommended Posts

Posted

DB plan is terminating in a standard termination. PBGC timeframes, unless there is a Notice of non compliance, are pretty straight forward, albeit strict.

Does anyone have a sense of how long 5310 LOD's upon termination are taking?

Is there any reason the plan could not submit both the NOIT to participants and NTIP simultaneously?

Posted

The last 2 DB plans we submitted took about 8 months to get a DL. neither was PBGC.

In the past we we gave out all PBGC and IRS notices to participants and the same time (unless timing of dates conflicted for some reason) usually with a caveat that distributions would be after IRS DL.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use