FAQ
- How can I contribute less than the required minimum to the cash balance plan?
- What can I do if I am unable to fund my cash balance or defined benefit plan?
- What are my options when it comes to freezing or terminating my plan?
- How does multiple sole proprietors impact my plan?
- What is the deadline to set up a plan?
- What is the timing of your billing?
- Do I have to be on payroll to contribute to a plan?
- How is a loan default treated?
- Does the loan have to be for 5 years?
- Am I taxed on any loan I take?
- How is the loan secured?
- What is the loan interest rate?
- How do I repay the loan?
- What is the loan process?
- If I want to self-direct investments, how does this work?
- Can a plan be self-directed?
- Are there additional compliance and administrative issues with self-directed investments?
- Does my contribution vary depending on my business structure? Is it better to be a sole proprietor or an S-Corp?
- How do cash balance plans work?
- What is a cash balance plan?
- What is the process to add a Mega Backdoor Roth to my 401(k) plan?
- My company is an LLC taxed as an S Corp. Are my cash balance plan contributions subject to FICA? Either at time of contribution or upon distribution?
- I received an IRS letter saying that my form 5500 was not filed. The letter is IRS notice CP216F.
- Can you give me a funding illustration for the next 3-5 years?
- I want to make larger plan contributions. What can I do?
- I am filing an extension. Can I wait to pay the administration invoice?
- How do you bill annual administration?
- Can RMDs be rolled over into any other tax-deferred retirement account?
- How are RMDs taxed?
- Can a distribution over the RMD for one year be applied to an RMD in the subsequent year?