"Entrepreneur has two separate businesses, no employees. Is he able to sponsor multiple plans on his own behalf, each with their own limits?"

"We have a terminated participant in a U.S. ESOP who is a resident of Great Britain (a nonresident alien). He rolled over the non-stock portion of his account balance to an IRA in the U.S. (apparently he plans to work in the U.S. again some day), and had his employer stock distributed to a U.S. investment account so he could benefit from the net unrealized appreciation rules. We reported his basis as a taxable distribution on a 1099-R, putting his NUA in box 6, and put the total value of his total stock distribution (basis + NUA) on the 1042-S. He's now telling us that we should have put all the info on the 1042-S, and that there was no reason to file a 1099-R. I've read the instructions for both forms multiple times now, and I can't see where NUA treatment is discussed at all. That seems reasonable to me, because the purpose of a 1042-S as I understand it is to identify U.S.-source income so the appropriate treaty provisions may be applied to it. Has anyone else ever faced this issue?"

"I was laid off, and took COBRA. My spouse later obtained a full-time job with benefits and I'm now included as a dependent on her medical insurance. For one month, these two policies overlapped before I terminated COBRA. For my claims during this 'double-coverage' month, is COBRA still primary for me, or does it switch to secondary and my spouse's insurance becomes primary for me? This makes a big difference with meeting deductibles."

"Looking into a cash balance/401k combo plan. Non-PBGC therefore 6% limitation on DC plan deduction limit. 401k plan with deferrals, 3% non-elective safe harbor and profit sharing provisions. HCEs are excluded from the profit sharing portion only; i.e., they defer and received the safe harbor. Top heavy plan. Do I count their salaries towards 6% deduction?"