MarZDoates Posted March 25, 2015 Posted March 25, 2015 Do you still have to compute allocable income on distributions of excess deferrals? QPA, QKA
Tom Poje Posted March 25, 2015 Posted March 25, 2015 I assume you mean gap period income as opposed to income through the end of the plan year? answer is: no on gap income. see page 35 of the handout. there will be a quiz on the entire contents of the enclosed next Wednesday. we moved the testing day up so people could have time off for Passover or Easter. Depending on which may apply, have a blessed upcoming holiday! wrera.pdf MarZDoates 1
MarZDoates Posted March 25, 2015 Author Posted March 25, 2015 Thanks Tom. I had better hustle so I can be prepared for the quiz! QPA, QKA
Tom Poje Posted March 25, 2015 Posted March 25, 2015 I forgot to add, passing is the first step toward obtaining that valuable Smart Thinking Upstanding People Intelligence Determined so maybe someday you can have some great initials after your name MarZDoates 1
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