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Here are the most recently added topics on the BenefitsLink Message Boards:
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Pammie57 created a topic in 401(k) Plans
"Client acquired another practice in 2016. They didn't give credit for prior service with prior employer for purposes of vesting, etc. Three doctors attained NRA (which is age 55 in this plan) during their employment with client. All of them worked less than 5 years before either retiring, quitting, etc. Would they still be 100% because they met NRA while employed? Plan's adoption agreement specifies 'specific age': age 55. It doesn't have the age/participation box checked. So I'm asking whether you agree that they would be 100% based on that. It's a LOT of money because they fund the plan every year."
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Lyndsey Thompson created a topic in Continuing Professional Education
"I'm looking for a used copy of the DC-1 and DC-2 Study Guide materials from ASPPA. Any suggestions or is that allowed?"
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thepensionmaven created a topic in Distributions and Loans, Other than QDROs
"Plan allows for two loans at a time. Participant has one loan outstanding and qualifies under COVID to both suspend on the existing as well as take out a new loan, the total of the two not to exceed $100K. Is the $100K offset by the outstanding balance of the existing loan?"
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Jakyasar created a topic in Form 5500
"401k plan effective 2017 but no deferrals were made nor any other contributions -- a bunch of participants (owners and rank & file) at 12/31/17 but no assets. During 2018 there were deferrals and other contributions. Same for 2019. Client sends data to me for the first time since inception, last week. They had to file a Form 5500 for 2017, correct? For 2018 they did not file. DVFC for 2017 and 2018?"
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Dalai Pookah created a topic in Retirement Plans in General
"An attorney has a P.C. (100% owed). He also owns 50% of a CPA firm with which he is associated. No doubt this is an A-Org/FSO ASG. Some time in 2020 he sells his interest in the CPA firm. He still works there, but is no longer an owner. Does this break the ASG in 2020? When do we make that determination? First day of the year? Last day of the year? Any day of the year? I don't see any guidance on this. If this were a controlled group issue, does the determination date differ?"
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Philip created a topic in Retirement Plans in General
"I just realized that my previous employer didn't pay most of my payroll deductions or the company match for 9 years into my account. I don't even know where to begin getting my money back. Can someone help?"
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