Guest flpensionguy Posted May 1, 2013 Posted May 1, 2013 So client purchased real estate had account at brokerage asked to send money for payment told 10 days he needed sooner, so he took money from corp account got payment from brokerage and put that into corp to replace payment corp made on behalf of plan. IRS says no good since thats a reversion I said reimbursement not reversion help or is he sunk?
david rigby Posted May 2, 2013 Posted May 2, 2013 Well, someone believes in punctuation. GMK 1 I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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