"I just want to confirm what the 415 limit will be for a plan year than runs from 7/1/23-6/30/24? It seems to me that it is based on the limit for 2024 but I do not have that yet."

"Here's an odd one -- possible takeover plan. Plan Documents reflect a plan effective date of 12/01/1988. The 5500 forms going back at least until 2009 on EFAST show the plan effective date to be 01/01/1998. Can this be changed on the 5500-SF prospectively or should the past 5500 forms actually be amended?"

"Regarding catchup contributions starting 1/1/2024 going to the Roth source for certain high earners, is that only for W2 employees? What about Schedule C/Schedule K owners? And how would that work for those people whose money is in pooled accounts and not separated by source, other than by a TPA in their system?"

"I believe this is a bit different than the 'fire me so I can take my money' fraud. Participant left employer in August, 2022. Earlier this month (August, 2023) participant requested distribution paperwork. Per participant the paperwork is in the mail back to us. Employer emailed today a list of hires and rehires and this employee is included. I tend to think that if the employee is employed when I get the form back, I cannot do the distribution regardless of participant's intent or the date on the form. What am I missing?"

"Is it feasible for a Plan Sponsor to opt out of Roth Deferrals (and Catch-ups altogether) and advise participants to seek advice on establishing a Roth IRA?"

"Is it legal to supply the quarterly benefit statement on the user's participant dashboard and not send them via mail or email? Or must all the quarterly benefit statements be sent to the email provided on the account?"

"Under Section 327 of SECURE 2.0, a surviving spouse can elect to be treated as the deceased participant for RMD purposes. If the participant died before their RBD, and the surviving spouse does not make this election, when do RMDs commence for the surviving spouse? The year after participant's death? When the surviving spouse attains age 73?"

"Someone is making me think I'm crazy, so I just need to make sure that I'm correct in terms of the formula to calculate the Funding Target. Here's what someone is telling me the formula should be:

[Hypothetical Account Balance * (1+Interest Crediting Rate)^20.5/12 * (1+Interest Crediting Rate)^Years to Retirement]
divided by
[(1/1+1st Segment Rate) ^ Years to Retirement]

My understanding is that the segment rate is determined by the # of Years to Retirement. Also don't know where they are getting the 20.5/12. What I thought the calculation is:

[Hypothetical Account BalanceBalance * (1+Interest Crediting Rate)^Years to Retirement]
divided by
[1+Segment Rate (dependent on the Years to Retirement) ^ Years to Retirement]

Please tell me I'm right and that the other person is crazy."