"A new employee wants to roll his previous employer plan balance over to the plan. Plan accepts rollovers. BUT he has a loan at the old employer plan and the new plan doesn't allow loans. Does that mean the loan can not roll in? If he can't roll the loan in he'll have to pay ot off or offset the balance and pay taxes as a taxable distribution. Correct?"

"I have a 401(k) that is terminating 12/31/2026. How do I handle the RMD's for parts that are still working past 73? Does the exemption if your still working apply?"

"2025 plan was sponsored by partnership (taxed as one) January to October. Jane and Wayne Company, LLC. In November, Wayne left, new company Jane, Inc., an S-corp, is new plan sponsor, new tax ID. For my 2026 HPIs, do I consider the entirety of 2025 or just Nov & Dec, the months the current Employer was sponsoring the plan?"

"I have a situation where Penchecks issued a Form 1099R for a distribution and withholding for the incorrect year because they received the information a day late for their processing. The distribution was for a 2025 RMD. The distribution and withholding were withheld and paid timely. The only issue is the Form 1099R. How exactly can I correct this before the letter comes with the issue which I'm sure will come. Penchecks refuses to process a corrected 1099R because they said they received the data after their cutoff. Do I prepare my own corrected 1099R for 2025 and send in to negate their 2026 1099R? Is that going to confuse the IRS with one coming from Penchecks with their numbers used to send in the taxes and one coming from my office? I'm just not sure how to correct this whole situation especially being everything was withheld and paid timely. It's just the reporting."