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Bookmark or Share- Form 5500EZ, assets dip below $250,000 - BenefitsLink Message BoardsMakes me nervous to not file. Do people skip a year if the plan's assets don't exceed $250,000? Or is it recommended/you recommend to the client to keep filing? OR by chance, is an EZ plan required to keep filing once a form was filed (even if assets are less than $250,000 now)?
- can one become ineligible once eligible in 403(b)?See "Once In, Always In - Q2" (about 36 minutes in, and be selected directly from indexing list) Once eligible to defer, the future actual hours worked are never taken into account again for deferrals, but can be excluded from employer contributions. It also doesn't seem to trigger all less than 20 hour employees to become eligible.
- Spouse added FSA, I have HSA, what to do?(2) The SPD must be updated only once every 5 years (sometimes 10 years), (3) The SPD is often 20 - 40 - 80 pages long, and (4) The health and welfare SPDs must be provided according to 20 year old rules, often paper versions, and, as a result, they are often difficult to search or fail to ask/answer the question you have, and/or fail to prompt ...
- Once eligible always eligible "rule" - 401(k) Plans - BenefitsLink ...Once eligible always eligible "rule" By Guest JMH1962 February 13, 2012 in 401(k) Plans. Share https ...
- Stopping Loan Payments while still employed - 401(k) Plans ...Something else to consider, does the plan do loan re-financing? For example, if an employee takes a new loan for $1, and re-finances the old loan into the new loan, that would allow him to extend the remaining loan balance (plus $1) out to the maximum loan repayment period which would probably lower his payment amount to a more affordable number.
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