Message Boards Digest

December 16, 2020

Here are the most recently added topics on the BenefitsLink Message Boards:

thepensionmaven created a topic in Defined Benefit Plans, Including Cash Balance

DB/401K Combo: One Has Short Plan Year Due to Mid-Year Change

"We recently took over the administration of a combination CB/401(k). The 401K is a calendar year plan but the CB is Sept. 1 through Aug. 31. Client wants to move the CB to have a calendar plan year. We'd have a short plan year in the SC 9/1/2020-12/31/2020. Client is in cash flow (who isn't these days?) and wants to keep the CB as low as possible. The limitation year is calendar for both plans. Thinking of doing CB with actual salaries 9/120-12/31/20 and full calendar year for 401K, but that doesn't sit right. Full calendar salaries for both and then pro-rata for the CB contribution?"

0 replies   |    26 views   |    Add Reply
[Sponsored] -- Look at us before you Renew!

Sponsored by Burrmont Compliance Labs LLC
Don't renew your Compliance subscription year after year because you always have. We can help! Continually updated -- modern -- fast and easy way to get answers. Upgrade and save money too! Contact us at: or 612-605-2266

NW529 created a topic in 401(k) Plans

First Year Top Heavy; Effect of Recharacterized Catch-Up Contribution

"A plan is effective as of 1/1/2020. Not a Safe Harbor plan. The owner is over 50 and contributes $4,000. No other employees contributing. Her ADP refund will be recharacterized as catch-up. For the 12/31/2020 Top Heavy test, is her balance excluded from the ratio because it is characterized as catch-up? Is the plan considered Not Top Heavy at 0% for 12/31/2020 (2020 and 2021 plan years)?"

0 replies   |    36 views   |    Add Reply

J Simmons created a topic in Retirement Plans in General

Plan Missed the EGTRAA and the PPA '06 Restatements: One VCP or Two?

"New client spaced off both EGTRRA and PPA '06 restatements. Does it take two or just one VCP application/fee to correct?"

1 reply   |    31 views   |    Add Reply

Jakyasar created a topic in Retirement Plans in General

Applying the Percent-of-Compensation Deduction Limit: Count PPP Salary Plus Regular Salary?

"Owner of corporation got $20k salary in PPP monies and $50k salary from corporation, thus $70k on Form W-2 for 2020. Wants a profit sharing deduction for 2020. Which amount can the corporation contribute and deduct for? $50k or $70k?"

0 replies   |    22 views   |    Add Reply

dmb created a topic in 401(k) Plans

First-Timer Doing QMAC Calculations

"I've been asked to help with a QMAC calculation, though I've never done one. Does the unrestricted up to 5% of comp apply to QMAC as I think it does for QNEC? Can it be targeted or bottom up as long as it's no more than 5% of comp?"

0 replies   |    7 views   |    Add Reply

Here are the most recently posted jobs on, a service of BenefitsLink:

View job as Compliance Analyst - Long term Temp

Compliance Analyst - Long term Temp  View details

Telecommute / West Harrison NY

View job as Experienced DC Administrator/ Reviewer

Experienced DC Administrator/ Reviewer  View details

Telecommute / Phoenix AZ

View job as Retirement Plan Consultant

Retirement Plan Consultant  View details

Telecommute / CT / DE / FL / MD / ME / NC / NH / NJ / NY / OH / PA / RI / SC / VA / VT

View job as Public Affairs Specialist

Public Affairs Specialist  View details

Centers for Medicare & Medicaid Services [CMS]
Telecommute / Washington DC

View job as DB Plan Administrator/ Analyst

DB Plan Administrator/ Analyst  View details

Telecommute / Atlanta GA

View job as Defined Contribution Pension Plan Administrator

Defined Contribution Pension Plan Administrator  View details

The Angell Pension Group, Inc.

►View More Jobs

►Post a Job

►Get Instant Job Alerts, Inc.
1298 Minnesota Avenue, Suite H
Winter Park, Florida 32789
(407) 644-4146

Lois Baker, J.D., President
David Rhett Baker, J.D., Editor and Publisher
Holly Horton, Business Manager

Copyright 2020, Inc. All materials contained in this mailing are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of, Inc., or in the case of third party materials, the owner of those materials. You may not alter or remove any trademark, copyright or other notices from copies of the content.

Links to web sites other than and are offered as a service to our readers; we were not involved in their production and are not responsible for their content.

Unsubscribe | Privacy Policy