dmb Posted August 4, 2010 Posted August 4, 2010 Has anyone been unfortunate enough to have to deal with the new definition of "Eligible Charity Plans" that came out in the Pension Relief Act of 2010 as well as possible subsequent technical corrections? If so how have you or how will you be filing the 2009 Schedule B?? For example, will you be using the 2007 Schedule B marked up for 2009 plan year?? Special attachments?? Can funding methods be changed for 2008 and/or 2009 and if so, how?? Are contributions reported on Schedule SB (if previosly filed) locked in?? If employer elects to use PPA method for 2008 and Pre-PPA method for 2009, how is the pre-PPA credit balances, amortization bases and methods carried forward from 2007 to 2009?? With regard to the special rule use of the third segment rate as the current liability rate, do any of hte funding relief provisions apply, that is can we use a lookback month and is the basis subject to change until eventually locking in at some point?? I realize this is probably not a mainstream topic, but any help would be appreciated. Thanks.
Guest bobolink Posted August 4, 2010 Posted August 4, 2010 I am only tangentially involved but understand we are holding our breath with hope that a legislative fix will move quickly. Otherwise it is quite the mess.
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