Below Ground Posted March 17, 2011 Posted March 17, 2011 When determining the value for calendar year 2010, is it correct that values used are as of 12/31/2010 (plan year end)? Also, when determining this value, instructions say "any other one life plan". I assume that this does include IRA values; but what about monies from an old SEP of the firm? I assume NO, since that type of Plan was not under 5500 reporting requirements. Having braved the blizzard, I take a moment to contemplate the meaning of life. Should I really be riding in such cold? Why are my goggles covered with a thin layer of ice? Will this effect coverage testing? QPA, QKA
Below Ground Posted March 21, 2011 Author Posted March 21, 2011 No takers on this one? Having braved the blizzard, I take a moment to contemplate the meaning of life. Should I really be riding in such cold? Why are my goggles covered with a thin layer of ice? Will this effect coverage testing? QPA, QKA
Bird Posted March 22, 2011 Posted March 22, 2011 Yes, values are as of the end of the year for which you are reporting. No IRAs of any kind are included. "One life plan" for this purpose refers to qualified plans (PS, PS/401(k), MP, DB). Ed Snyder
Below Ground Posted March 22, 2011 Author Posted March 22, 2011 Thanks Bird. Having braved the blizzard, I take a moment to contemplate the meaning of life. Should I really be riding in such cold? Why are my goggles covered with a thin layer of ice? Will this effect coverage testing? QPA, QKA
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now