Message Boards Digest, as of December 29, 2022

BenefitsLink
Message Boards Digest

December 29, 2022

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

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

Dates for Notices of Plan Termination

"Looking to confirm what date for plan termination can be for a qualified plan. For DC plans and non-PBGC-covered DB plans is it at least 15 days prior to the date of termination when notices need to be provided to participants? For PBGC-covered DB plans is it 60 - 90 days before date of termination when notice have to be provided?"

1 reply so far |

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thepensionmaven created a topic in 401(k) Plans

945 Withholding Paid in for Prior Year's Distribution

"Accountant paid the withholding for a participant in 2022, but payment was for a 2021 distribution. How to handle? Client knows there will be penalties"

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