MarZDoates Posted August 14, 2015 Posted August 14, 2015 I am not sure how to interpret the VCP fee chart. The plan has 52 participants. There is only 1 participant affected. More than 5% owner, still working, age 80. Plan has never distributed any RMDs. Is the fee $2,500 PLUS $500 for the 401(a)(9) failure? Or is it just $500? QPA, QKA
shERPA Posted August 17, 2015 Posted August 17, 2015 I read it as just $500. I carry stuff uphill for others who get all the glory.
Peter Gulia Posted August 17, 2015 Posted August 17, 2015 Apart from the plan's correction, what income taxes, excise taxes, and corrections are required of the participant? Peter Gulia PC Fiduciary Guidance Counsel Philadelphia, Pennsylvania 215-732-1552 Peter@FiduciaryGuidanceCounsel.com
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