Basically Posted January 3 Share Posted January 3 Bob owns his own RIA 100% pushing investments. He also owns a 50% stake in an insurance business. No control group. The insurance business has 4 EEs. If they setup a 3% SH 401(k) plan I don't have to worry about Bob exceeding the 415 limit if he maxes out the RIA business. Correct Of course I need to watch the 402(g) limit. Link to comment Share on other sites More sharing options...
Belgarath Posted January 3 Share Posted January 3 I assume you also mean there is no Affiliated Services Group? If neither CG nor ASG, then I agree. Bri, Bill Presson and Luke Bailey 3 Link to comment Share on other sites More sharing options...
Basically Posted January 4 Author Share Posted January 4 Based on the response from the client, there is no control group issue. ASG.... there could be but I need to better understand how to determine if one exists. My head is ready to explode reading about and just scratching the surface of FSO, A-org, B-org and what it all means. Is there a grid or something somewhere that I can use to input all the players to help determine my answer? Link to comment Share on other sites More sharing options...
C. B. Zeller Posted January 4 Share Posted January 4 The flow charts on pages 45-46 are a great place to start: https://www.irs.gov/pub/irs-tege/epchd704.pdf Belgarath 1 Free advice is worth what you paid for it. Do not rely on the information provided in this post for any purpose, including (but not limited to): tax planning, compliance with ERISA or the IRC, investing or other forms of fortune-telling, bird identification, relationship advice, or spiritual guidance. Corey B. Zeller, MSEA, CPC, QPA, QKA Preferred Pension Planning Corp.corey@pppc.co Link to comment Share on other sites More sharing options...
Bill Presson Posted January 4 Share Posted January 4 Unless it's an obvious ASG, we refer all those situations to ERISA counsel. John Feldt ERPA CPC QPA and Lou S. 2 William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070 Link to comment Share on other sites More sharing options...
Basically Posted January 4 Author Share Posted January 4 Is this obvious? RIA sends clients to his insurance business and visa versa? Or is that fine. It's all about providing a "service"... Like a doctors office and a medical billing company. One can't exist without the other. Thanks Zeller, I guess I didn't go as deep as page 45. I'll take a look Link to comment Share on other sites More sharing options...
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