30Rock Posted February 10, 2011 Posted February 10, 2011 Any suggestions on how to correct a top hat plan where RMD's were missed? A couple participants are now age 80 and did not receive the first payout. If we payout entire account this year should it be 2011 income? I think there is a limit to how far back corrected W2's can go. Technically plan is disqualifed, I suppose one option is to terminate it? Any thoughts? There is no EPCRS program for top hat plans.
QDROphile Posted February 10, 2011 Posted February 10, 2011 "top hat" and "qualified" do not go together. Sorry, fat finger premature send, and rereading of original post before resuming indicates that the point would not have any new ideas.
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