Get the Message Boards Digest by Email logo   

BenefitsLink® Message Boards Digest

May 15, 2024

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

erisageek1978 created a topic in Plan Terminations

Notifying PBGC of Plan Termination

"Is plan administrator required to notify PBGC upon realizing that plan cannot be terminated using standard termination, because it is underfunded and will be filing for bankruptcy? Client is going out of business and we've been in talks with PBGC and on track to do a standard termination (per PBGC's suggestion and also because it was possible we could fund the plan), but now we know we will be underfunded. Do we have to let PBGC know that we know for certain now we're underfunded? Proposed termination date is 7/31."

1 reply so far   |    Click Here to Add a Reply

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

411 Accrual Limits to 415(b) Max Benefits

"A newly formed Cash Balance Plan has in the first year a 415(b) accrual limit of $275,000 x (1/10) = $27,500. In the second year the 415(b) accrual limit is $275,000 x (2/10) = $55,000 which is double (assuming no 415(b) $lim increase). Does the 133 1/3 accrual rule limit the second year accrual to 133 1/3 times the first year accrual?"

1 reply so far   |    Click Here to Add a Reply

Here are the most recently posted jobs on,® a service of BenefitsLink®

View job as Senior Account & Client Consultant - Retirement Plans

Senior Account & Client Consultant - Retirement Plans  View details


View job as Senior Account & Client Consultant - Retirement Plans for Ameritas
►View More Jobs

►Post a Job

►Get Instant Job Alerts, Inc.
56 Creeksong Road
Whittier NC 28789
(407) 644-4146

Lois Baker, J.D., President
David Rhett Baker, J.D., Editor and Publisher

Copyright 2024, 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, 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 and are offered as a service to our readers. We were not involved in the production of such links and are not responsible for their content.

Unsubscribe | Privacy Policy