snit john created a topic in Cafeteria Plans
"I am an insurance broker looking for software to manage FSA Plans. I am currently reviewing WEX and Alegeus, and I would like to hear thoughts from anyone with experience using this software, including their pros and cons. Alternatively, I am open to recommendations for other software to use. Any help would be greatly appreciated."
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alwaysaquestion created a topic in 401(k) Plans
"I have a plan that is a 3% safe harbor and a cross tested profit sharing (each person is in their own group). There is a last day and 1000 hours requirement for the profit-sharing allocation. This is a 12/31/2023 plan year end. Can I do an amendment in 2024 to take out the last day and 1,000 hours requirement for the 12/31/2023 plan year by the end of 12/31/2024?"
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Eric Hanford created a topic in Qualified Domestic Relations Orders (QDROs)
"What is the IRS Code that states QDRO's can be used for Alimony, Child Support or Marital Property in general?"
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Eric Hanford created a topic in Qualified Domestic Relations Orders (QDROs)
"If one party refuses to sign a Domestic Relations Order, should you put 'Declined to Sign' on the dotted line where the party would be required to sign. Also, I know Clerks of a Court can issue Subpoenas. Can a Clerk of Court also sign off on a Domestic Relations Order pursuant to a Judgement of Absolute Divorce or does a Judge have to sign off. This is in relations to an Order in Maryland."
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Eric Hanford created a topic in Qualified Domestic Relations Orders (QDROs)
"If the wrong Date of Marriage is filed under the Court when the Parties Divorced and you are now working on a QDRO, should you use the actual dates of marriage (includes common law) or use the incorrect dates of marriage that the court has?"
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Belgarath created a topic in Retirement Plans in General
"This is in fact a purely academic question for the attorneys out there ... Suppose a client comes to you for a legal opinion ... Further suppose that in your best judgment, it is a coin flip -- 50/50 either way. Do you say that you can't give an opinion? Or do you present both sides, with the potential advantages/disadvantages/consequences for either choice? Or is the answer to this question purely facts and
circumstances, so there's no 'general' method?"
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AllThingsForGood created a topic in Operating a TPA or Consulting Firm
"I need advice on merging with another small TPA firm. These may be very obvious questions to some, but I am completely uneducated about M & As, so any insight is appreciated. -- Does each firm owner own the new company pro-rata based on respective revenue coming in to the merger? -- Is a parent company formed to collect revenue and pay common expenses? Would the subs contribute to parent.... how? Pro-rata based on
revenue? -- If owners' roles change (for instance, original firm #1 owner assumes the role of new-business-acquisition, and orig firm #2 owner becomes Dir of Operations), how do you determine pay structure? Base comp for each, I'm assuming, then commission on new business obtained? How does the Dir of Op earn bonus/commissions?"
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