Fall 2014, Volume 7 / Issue 3    
Form 5500, Employer Contribution Deposit, ADP/ACP Excess, 402(g) Limit Corrections....Read More
Question mark FAQ's - Becky Fisher 
Can I send participant disclosures by e-mail?
The law requires that employers provide written disclosures to participants regarding important information about their retirement plan (e.g. Summary Plan Description, Safe Harbor notice, 404(a)(5) notices, etc.). These disclosures may be ....Read More 
TSC Spotlight - Karen Thompson
What is Secure File Send?
New technologies in the digital age have greatly enhanced the ability to quickly and efficiently transmit information from one party to another. With the increased use of this technology comes the heightened responsibility to....Read More

New IRS Guidance on Accepting Rollover Contributions


Qualified retirement plans can generally accept rollovers that were distributed from other eligible retirement plans such as another 401(k) plan, 403(b) plan, governmental 457(b) plan, or IRA. However, certain distributions such as ....Read More
What Does This Mean? - Lisa Melberg

What is a Required Minimum Distribution and how does it affect my plan?


Qualified retirement plans are intended to be a savings vehicle for retirement, not an indefinite way to shelter dollars from taxation. To encourage dollars to be ....Read More
Aaron Solbrack
I spent the first 18 years of my life growing up in the town of Litchfield, Minnesota. After graduating from high school (in 2009), I attended Gustavus Adolphus College and graduated (in 2013) with a Bachelor of Arts degree in ....Read More
Brain Teaser

George is a 100% owner of Jetson's Hover Craft Rentals and sponsor's a 401(k) plan. George was born on May 7, 1942. Does he have an RMD due for the 2014 plan year? If so, when is this due?


 Click here to submit your answer.


Question from last issue:



James P. "Sulley" Sullivan is a terminated participant in the Monsters Inc, 401(k) Plan with a vested balance of $6,400.00. Monster's HR director, Mike Wazowski, mailed distribution notifications and forms to him 45 days ago. Sulley has not yet returned the completed forms. Can Mike initiate a force-out distribution of the account from Monster's plan?

Answer:  No.  Sulley's vested balance exceeds $5,000.


Our company launched in 1968 as one of the first destination counseling centers in the United States. Since then, we have grown into a full-menu mobility company with the ability to provide or source all services related to a successful global mobility program. Over the past four decades we have evolved immensely as an organization, but our purpose and culture have ........Read More


Quick Links

View our profile on LinkedIn

TSC Translator Contributing Staff Members
Jennifer Arntson
Client Relationship Manager
Karen Thompson
Retirement Plan Administrator Manager
Becky Fisher
Retirement Plan Administrator
Cynthia Mills
Plan Document Specialist
Legal Assistant
Andrea Gelhar
Plan Document and Compliance Specialist
Juhl Stoesz
Associate Counsel
Dennis Culhane
Retirement Plan Administrator
Paul Erickson
Retirement Plan Administrator Manager
Dean Schwientek
Network Systems Admin
 Lisa Melberg
Plan Document and Compliance Specialist

Articles included in the TSC Translator are intended to provide general information about retirement plan developments and issues. The information provided should not be construed as legal or tax advice or opinion. Readers need to discuss specific factual situations confronting them with their retirement plan service providers and/or legal and tax advisors.

This email was sent by: TSC, Inc. 7300 Metro Blvd. Suite 450 Edina, MN 55439