change in fundinging method

[Guest NJ-EA]

I have a client that contributed to a DB plan for 2009 but no contribution was deductible. My understanding is that it is too late to go back and re-do the val with a different funding method (change to beginning-of-year val) since the SB and 5500 were filed. Is there a solution?

[SoCalActuary]

Welcome to the DB forum.

"Fundinging" is a curious concept.

If the IRS requires a change in method, they can often force the actuary to do things differently. Otherwise, you are probably stuck.

However, you can carry the non-deductible amount forward for a later year.