Here are the most recently added topics on the BenefitsLink ® Message Boards
kgr12 created a topic in Other Kinds of Welfare Benefit Plans
COBRA Payments Included In Severance Plan
metsfan026 created a topic in 401(k) Plans
Fees For Late Filing of 1099-R to IRS
"I had a client that made a mistake and never filed the 1099-R and 1096 to the IRS (they were sent to the participants timely). Does anyone know what the penalty is for filing them late?"
Elizabeth Matthews created a topic in Form 5500
Should Long Form Be Used for Investments in a Mortgage Loan Company?
"Instructions for 5500-SF say 'Have 100% of its assets invested in certain secure investments with a readily determinable fair value....'. I have a client who has an investment in TrueLine Capital . We get statements showing the value is unchanged and all interest payments are deposited to another plan account. I'm wondering if I should be using the long form given the nature of this investment."
Belgarath created a topic in 401(k) Plans
SECURE 2.0 Auto Enrollment EACA Requirement Starting 2025
"Section 101 modifies IRC 414 with the new 414A requirement. Specifically regarding paragraph (b)(3)(A)(ii), does the language require that the participant must make a new election each year, or if they make an election other than the auto enrollment percentage in 2025, does that election carry forward, if the plan so provides, until such time as the participants makes a new election? I believe it is the latter, but I'm not 100% certain."