Regional Vice President of Sales The Retirement Plan Company
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Compass
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Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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IRS to Issue Guidance for PRA Funding Relief Elections
PLANSPONSOR; free registration may be required Aug. 2, 2010
Excerpt: In Notice 2010-55, the tax agency said the anticipated guidance could deal with topics such as: calculation of the alternative amortization schedules permitted under PRA (and the effect on funding balances); the rules relating to installment acceleration amounts under ? 430(c)(7); the procedures for making the election to use an alternative amortization schedule; and the notice requirements of ? 430(c)(2)(D)(vi).
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