RayJJohnsonJr Posted October 15, 2020 Posted October 15, 2020 Does a 412(e)(3) Plan get an extension to 12/31/20 to make a 2019 Plan contribution, and, if so, does the Plan have to file a 5500 by 10/15 not showing the contribution or is it extended also. Thanks all.
CuseFan Posted October 15, 2020 Posted October 15, 2020 Probably - don't work with these so don't know for sure - but NO 5500s were extended beyond 10/15. Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
shERPA Posted October 16, 2020 Posted October 16, 2020 Mike are you saying 412(e)(3) plans are a disaster? Effen 1 I carry stuff uphill for others who get all the glory.
Mike Preston Posted October 16, 2020 Posted October 16, 2020 2 hours ago, shERPA said: Mike are you saying 412(e)(3) plans are a disaster? No, but it is usually the case!
C. B. Zeller Posted October 16, 2020 Posted October 16, 2020 23 hours ago, RayJJohnsonJr said: Does a 412(e)(3) Plan get an extension to 12/31/20 to make a 2019 Plan contribution, and, if so, does the Plan have to file a 5500 by 10/15 not showing the contribution or is it extended also. Thanks all. If you are asking about the extension granted under the CARES Act, then no. The CARES Act only extended the deadline for plans for which the minimum contribution is determined under sec. 430. See Notice 2020-61 Q&A-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
RayJJohnsonJr Posted November 10, 2020 Author Posted November 10, 2020 Thank you all, I appreciate your time.
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