Cynchbeast Posted February 25, 2020 Posted February 25, 2020 SS-4 for a plan listed plan name as "ABC Defined Benefit Pension Plan and Trust". Adoption Agreement mistakenly showed plan name as ""ABC Defined Benefit Pension Plan and Trust"". Plan is a couple years old and our actuary caught the mistake. What is the best way to resolve this? Would it be appropriate to do a retroactive amendment to correct the original documents?
WDIK Posted February 25, 2020 Posted February 25, 2020 I know I am due to update my vision prescription, but the two listed names look the same to me. rr_sphr 1 ...but then again, What Do I Know?
ratherbereading Posted February 25, 2020 Posted February 25, 2020 I agree with WDIK and my vision is fine. Usually! 4 out of 3 people struggle with math
RatherBeGolfing Posted February 25, 2020 Posted February 25, 2020 Second plan name has double quotation marks ""
Cynchbeast Posted February 25, 2020 Author Posted February 25, 2020 Sorry, I cut and pasted and forgot to edit the second version. SS-4 says "ABC Defined Benefit Pension Plan and Trust", while the AA says "ABC Defined Benefit Plan and Trust" (I said it was a MINOR error)
Larry Starr Posted February 25, 2020 Posted February 25, 2020 1 hour ago, Cynchbeast said: Sorry, I cut and pasted and forgot to edit the second version. SS-4 says "ABC Defined Benefit Pension Plan and Trust", while the AA says "ABC Defined Benefit Plan and Trust" (I said it was a MINOR error) Which one is it supposed to be? If the SS-4 is what is wanted (which is what I would want), then do a simple amendment (one page) to change the name to include Pension. No big deal. If you want what the document says, ignore it because the only thing that matters with the SS-4 is the actual tax ID number which I assume is correct in both places. Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC President Qualified Plan Consultants, Inc. 46 Daggett Drive West Springfield, MA 01089 413-736-2066 larrystarr@qpc-inc.com
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