Cathy from Chicago Posted July 29, 2010 Posted July 29, 2010 Plan paid out all but 3 participants in '08, the year the company decided to terminate the plan. 2 of the remiaing 3 were paid out in 2009 and the last on 1/5/10. Company closed and there are no remaining employees. A Summary Annual Report doesn't haven't to be prepared for either '09 or '10, correct? I could see preparing an SAR if the Company was alive and well and simply closed the plan but this is a complete close. Thanks.
Andy the Actuary Posted July 29, 2010 Posted July 29, 2010 Have you identified any government verbiage that supports your contention? The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
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