dan.jock Posted July 31, 2018 Posted July 31, 2018 When answering yes to this question, it asks us to enter the MyPAA filing confirmation number. I didn't do the PBGC filing yet. How do I get by this short of just doing the PBGC filing? For 2017, it is a new plan and the PBGC filing was due therefore 90 days after plan effective date, mid-March. Since we are busy with contribution numbers in the spring, we usually just let the first filing be late and pay the very small penalty (1% of the unpaid premium is peanuts) Since 6c is new, it is throwing me off. Any feedback?
figure 8 Posted July 31, 2018 Posted July 31, 2018 New plans should generally have a $0 premium the first year (assuming the plan starts with $0 liabilities for everyone at the first plan year beginning date, meaning the participant count for the first PBGC premium is 0). Should be a pretty easy filing to do really quickly.
Kristina Posted July 31, 2018 Posted July 31, 2018 File the 2017 PBGC premium now. Easier and you won't have correspondence to deal with when you are trying to complete all those extended 5500s. Kristina
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