Pension RC Posted April 7, 2015 Posted April 7, 2015 I am working on a DB plan for a self-employed individual. Assuming that he doesn't go on corporate extension, we can still extend his 5500 deadline, which will enable him to make his 2014 contribution until 9/15/2015 - it will just need to be deducted for 2015. Is this correct? Thanks!
Andy the Actuary Posted April 7, 2015 Posted April 7, 2015 Agree and assets for 404 purposes should not reflect the contribution, so that assets 12/31/2014 for 430 and 404 purposes differ. The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
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