|
Here are the most recently added topics on the BenefitsLink Message Boards:
|
Jennifer D. created a topic in Form 5500
"A client brought us a one participant plan that filed 4 years worth of 5500s electronically late (they received bad advice that they could transmit them electronically and then do DFVCP instead of properly mailing them in). When I looked at the asset amounts, the plan never had over $250,000 in assets. This money was all cashed out this year and a final 5500 is due for 2021 regardless of the mistaken 'late' filings. My
question is, to try to help this client, do we electronically file the final 5500 and then send the IRS a letter that they never should have filed in the first place until now, and here is the final, or should I just mail the final 5500 to the IRS with an explaining letter?"
|
Basically created a topic in Distributions and Loans, Other than QDROs
"Has the window for a COVID distribution totally closed?"
|
BG5150 created a topic in Retirement Plans in General
"Plan allows for in-plan Roth rollovers at any time as long as the funds are 100% vested. Is this a protected benefit?"
|
Draper55 created a topic in Correction of Plan Defects
"I am confused regarding correcting an excess 2020 deferral post-April 15. [1] Does being taxable in the year of deferral imply issuing a 2020 1099-R for the excess (if so, what would be the codes?), or instead making sure the 2020 return includes the excess in wages? [2] Do we wait and distribute the excess until otherwise distributable or distribute currently with earnings? If distributed currently, is the correct code E?"
|
pmacduff created a topic in 401(k) Plans
"If a participant opts out after auto enroll and deferrals are distributed under the permissible withdrawal rules, are those contributions included in the ADP test?"
|
Here are the most recently posted jobs on EmployeeBenefitsJobs.com, a service of BenefitsLink:
|
|
Klaas Financial
Madison WI / Loves Park IL
|
|
Newport
Lake Mary FL / Dallas TX / Richmond VA / NC
|
|
Newport
Remote / Chicago IL / Lake Mary FL / Richmond VA / Dallas TX / Los Angeles CA
|
|
October Three Consulting LLC
Remote / Chicago IL / Irving TX / Jacksonville FL
|
|
October Three Consulting LLC
Remote / Chicago IL / Irving TX / Jacksonville FL
|
|
Vestwell
Remote / New York NY
|
|
AFGE
Washington DC
|
|
Employee Benefits Security Administration [EBSA]
Remote / Kansas City MO
|
|
|
|
|
Lois Baker, J.D., President
David Rhett Baker, J.D., Editor and Publisher
Holly Horton, Business Manager
Copyright 2021 BenefitsLink.com, 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 BenefitsLink.com, 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 BenefitsLink.com and EmployeeBenefitsJobs.com are offered as a service to our readers; we were not involved in their production and are not responsible for their content.
|
|