Screen Elect - Elections (5500)

The following is a summary of each tax election.
Number
Description
Paragraph summary
1
Retroactive Amendment
IRC Section 412(c)(8) election concerning a retroactive amendment to the plan.
2
Notice - Terminated Accountant
Notice of explanation concerning the termination of an accountant for the plan.
3
Notice - Terminated Actuary
Notice of explanation concerning the termination of an actuary for the plan.
To view the complete contents of these tax elections and make modifications:
  1. Go to
    Setup
    then
    5500 Benefit Plans
    .
  2. In the
    Federal
    tab, select
    Tax Elections
    .
  3. Highlight the election you want to review and select
    Open
    .
  4. Review and edit the text as necessary. Save the document if you made changes.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close