Transcription of 14568-E Model VCP Compliance Statement - Schedule 5: …
{{id}} {{{paragraph}}}
Example: bachelor of science
14568-E Model VCP Compliance Statement - Schedule 5: …
Form 14568-E (Rev. 6-2018) Number 66149 QFor Paperwork Reduction Act information see current EPCRS Revenue 14568-E (June 2018)Department of the Treasury - Internal Revenue ServiceModel VCP Compliance Statement - Schedule 5: Plan loan Failures (Qualified Plans and 403(b) Plans)OMB Number 1545-1673 Include the plan name, Applicant s EIN and plan number on each page of the Compliance Statement , including attachmentsPlan nameEINPlan numberSection I - Identification of FailureThe plan identified above did not comply with the requirements of Section 72(p)(2) of the Internal Revenue Code (IRC).
Any participant affected by this failure will make a corrective repayment to the plan. After repaying the excess of the loan amount over the maximum loan amount under IRC Section 72(p)(2)(A) (the “excess loan amount”), the remaining
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: