"Looking for some help on cross-year tax plan correction. For one of the terminating plans, the benefit was paid to estate; however looks like there was a named beneficiary (spouse). The check was cut to the deceased's estate in 2023. The spouse reached out in Feb. 2024, and wants to roll over the funds to an IRA. Also wants the account to be made whole. Because we are in April are there any procedures we can use to have the tax corrected? The taxes withheld were $80,000."

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"We have a 401k client whose plan funds are in brokerage accounts (each participant has their own -- so no pooled); We do admin. work only for this plan and bill the Employer -- not the plan. Are we responsible for providing this notice or does the brokerage account provider need to disclose fees, etc on such a notice?"

"I'm reviewing an HRA plan document that includes both active employees and retirees as participants. ACA compliance is through integration with employer's group health plan. At age 65, retiree group is no longer eligible to participate in employer's group health plan. No new employer contributions are made to HRA at age 65 and up, but these retirees can use rolled over account balance to obtain reimbursement for medical expenses and premiums. Employer is reimbursing retirees for Medicare Advantage premiums. While reimbursement of premiums for individual market coverage is clearly prohibited in terms of ACA integration rules (Notice 2015-87), is reimbursement of Medicare Advantage premiums considered individual coverage under existing guidance? Is there any way to argue that this is a permissible arrangement for ACA compliance purposes? Or any way to argue that the retiree reimbursement provisions can be treated as a separate group health plan thereby utlizing the retiree-only exemption, even though the retirees are referenced in the existing plan and SPD that relies upon group health plan integration? (Employer has a wrap plan for ERISA reporting/disclosure purposes)."

"Does anyone know if Datair has the capability of running a report that would include book of business demographics such as, Total Assets for active plans, plan type, participant counts and status of plan?"

"Doing a proposal: I have this plan.... all of the EEs are HCEs except for a couple of NHCEs that don't work more than 1,000 hours (at this point) I put the owner in group 1, the other HCEs in group 2 and the NHCEs in group 3. (Remember, Group 3 typically don't work 1000 hours so they aren't eligible for the NEC) I made the owner max out, gave the other HCEs nothing and as I said, the NHCEs just aren't eligible (at this time). Ran the general test and it passed.... Am I missing something? If I'm not missing anything then all I need to worry about in the future is if an NHCE works more than 1,000 hours they need to get a contribution."