Is there any reason why the ASG rules wouldn't apply? Never happened to see a situation where a non-profit member of an ASG sponsors a 457(b) plan, but I wouldn't think it is unheard of.

Plan sponsor has an ownership interest in an IRA provider. Can they force out (terminated <$5k) participants into IRAs with that provider, or would that be a PT? I remember reading about a PTE that would allow banks to force out participants in their plans into IRAs held by the bank, but my search skills are failing me at the moment and I can't find it again. If I'm remembering correctly it would seem to be relevant guidance.

Participant had 20% withheld on full distribution. Part of the distribution was for Roth money which was not taken into account and the full distribution was treated as pre-tax money. Need to issue amended 1099-R. Original withholding was done for $5,000 but upon revision the withholding should only have been $3,000. When issuing the amended 1099-R how do you show the withholding amount -- what it actually was or what it should have been? Also -- what is best way to get the over withholding back?

Single member LLC with no employees other than the single member. Properly formed pension plan, and properly formed 401k/profit sharing plan. IRS opinion letters issued with respect to both. Plan contributions made timely and in allowable amounts. The Single member LLC has filed for bankruptcy Issue: The trustee in the bankruptcy case has said that (i) under the U.S. Supreme Court decision of Raymond B. Yates, MD, PC Profit Sharing Plan v. Hendon, a single member LLC having no employees other than the member cannot have a plan that is ERISA qualified, and (ii) if the plan is not ERISA qualified, then the plan cannot be tax-exempt under IRC sections 401 and 501 (and as a result cannot be claimed as exempt in bankruptcy). Question: I agree that a qualified plan that does not cover any employees (just the owner) is not subject to ERISA. However I think the logic is flawed that if they are not covered by ERISA then they cannot be tax-exempt under IRC 401. Does anyone have an opinion on this?

100% owner of an LLC business that has a 401k plan also has two household service employees (W-2). Do the two household employees count as employees under the control group rules, or is there an exception where their employment is not in the pursuit of a profit?

The latest and greatest figures based on today's CPI release -- this is a spreadsheet that's a revision of the last spreadsheet I created. Note: it adds 2 new columns which might never be used: [1] indexed limit for minimum distribution which was planned last year but never passed; and [2] indexed limit for catch up at age 60, which was part of the secure act if that ever gets passed. Of course, the year I to which I have it indexed might need to be adjusted someday.