Guest Juracek Posted February 9, 2000 Posted February 9, 2000 Do you include employee rollovers on your SAR? If yes, under which category do you put it?
bzorc Posted February 10, 2000 Posted February 10, 2000 I generally put an employee rollover on an SAR, under the employee contribution section. With all the fancy programs to generate SAR's, I go in and change the wording to reflect the fact that it is a rollover contribution. Hope this helps!
imchipbrown Posted February 11, 2000 Posted February 11, 2000 No kidding! DOL hasn't revisited SAR reporting since 401(k)s became popular. Did you know you aren't supposed to give out SARs in "R" years? Beats me with a stick.
Larry M Posted February 12, 2000 Posted February 12, 2000 goodness - every one knows an "R" year is one in which you can't eat oysters.
Guest [Pat M] Posted February 12, 2000 Posted February 12, 2000 Then is a "C" year one in which you only eat oysters if didn't eat them for the last two years in a row????
LCARUSI Posted February 14, 2000 Posted February 14, 2000 Connie - R year is the two out of three years you are filing a 5500-r. C year is the year you do the more comprehensive 5500-C. Assuming you are under 100 employees
Guest Connie Posted February 14, 2000 Posted February 14, 2000 LCarusi, Thanks for the info, never had the pleasure of being under 100. Connie
Alf Posted February 16, 2000 Posted February 16, 2000 You don't know what you are missing. On a side note, I seem to recall hearing that the C/R distinction is going away with the new 5500 forms. Does anyone know if this is correct?
Guest TrustMe401k Posted February 16, 2000 Posted February 16, 2000 It sure look slike your right. It seems as though there is only a distinction between small and large plans and no more "R" filings. This new form and its accompanying army of separate schedules are going to be a real pleasure to work with!!! (Please note sarcasm)
Guest Bob Miller Posted February 16, 2000 Posted February 16, 2000 I just reviewed a copy of the new 5500 that will be used for 1999 going forward. It appears that it will not be out until later this spring though. You are correct that the C/R filing is going away. Everyone will be filing a straight 5500 with the applicable schedules attached. The directions for the new forms are 45 pages long if that tells you anything. It should be a fun filing season. Good luck! ------------------ Bob Miller
AndyH Posted February 16, 2000 Posted February 16, 2000 Does this mean that we have to issue SARs each year, whether we eat oysters or not? Will the format have to be changed?
imchipbrown Posted February 18, 2000 Posted February 18, 2000 There will not be another R year until two thousand and thRee, so don't worry about it.
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