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SOLO 401K TERMINATION


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Guest xi9001
Posted

My client has dissolved his corporation as of 12/31/2009.

He still has a balance in his SOLO 401K (about $90k - he is the only employee) and is planning to rollover it over to his IRA on 06/30/2010.

The termination date will be 06/30/2010. Which form does he need to file 5500 EZ or SF?

He has 7 month to file it... which will give him until 01/2011. What will happen if the form for 2010 is not available by then?

Posted

That should be an EZ filing.

Just use the 2009 form and change the from/to dates at the top if the 2010 form is not available.

Ed Snyder

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