Topics

• Kinds of plans
• Setting up a qualified plan
• Minimum funding requirement
• Contributions
• Employer deduction
• Elective deferrals (401(k) plans)
• Distributions
• Prohibited transactions
• Reporting requirements
• Qualification rules

Useful Items

Publication

• 575   Pension and Annuity Income

Forms (and Instructions)

• Schedule C (Form 1040)   Profit or Loss From Business
• Schedule F (Form 1040)   Profit or Loss From Farming
• Schedule K-1 (Form 1065)   Partner's Share of Income, Credits, Deductions, etc.
• W-2   Wage and Tax Statement
• 1040   U.S. Individual Income Tax Return
• 1099-R   Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
• 5330   Return of Excise Taxes Related to Employee Benefit Plans
• Form 5500   Annual Return/Report of Employee Benefit Plan
• 5500-EZ   Annual Return of One-Participant (Owners and Their Spouses) Retirement Plan
• Schedule A (Form 5500)   Insurance Information