"A loan a participant uses to buy her principal residence may set a repayment period longer than five years (within what the plan's governing documents, often including a written policy or procedure, allow). But if the plan's sponsor-administrator is listening to your advice, what maximum do you suggest? 50 years? 30 years? 20 years? 15 years? Something else? The longest repayment period the recordkeeper agrees to process? And whichever maximum you suggest, why do you prefer it over other possibilities?"

"A partnership (2 partners) with a safe harbor match 401(k) wants to terminate the plan. Plan is top heavy. Historically the partners' K1s are not completed until late September of the following year. Also historically, the partners make deferrals during the plan year which are matched, usually incorrectly and corrections are needed after the K1s are available. To terminate the plan I was thinking we remove match for HCEs (the 2 partners are the only HCEs) starting 1/1/2026, and terminate the plan in 2026 after the K1s are completed and we know that we have the correct match for 2025. Currently there is enough funds in the forfeiture account to fund the 2026 safe harbor match for the non-HCEs, and there is a very low risk that the partners 2026 K1 compensation would not support their salary deferrals, which I'm sure they would continue to make. Appreciate any feedback or ideas."

"I recently inherited DB/401k combo plans. The company is an LLC and currently has only included the husband's partnership income for benefit purposes (wife has never participated). For 2025, they want to bring in the wife and daughter. Will this cause the DB plan to require PBGC coverage?"

"Suppose a calendar year plan terminates 7/7/2025. A question has arisen as to the proper 415(c) reduced limit. According to treasury regulation 1.415(j)-1(d)(3) fractional parts of a month are included. So the proper fraction is 6/12, not 6.226/12, correct?"

"We are trying to terminate a plan but we have a participant who worked a long time ago for the company and provided a fake social security number. The amount of the benefit is small however do we set up an automatic rollover IRA with the fake social security number or do we forfeit the benefit?"

"We have a money purchase plan that the client wants to merge into an new profit sharing plan effective 1/1/2026. Since the psp is new, does it need to have the auto enrollment provisions? Or because of it being a merged plan, it won't need those auto enrollment provisions? Does anyone have any examples of a merger agreement that I can use? Is there anything else that is needed? The participant notices will be going out."