February and March Upcoming Deadlines
Last month we explored the Benefit Payment Government Filings (IRS Forms 1099-R, 1096, 945). All IRS Forms 1099-R should have been furnished to the participants by February 1, 2010. 2010 Compliance Calendar shares some upcoming deadlines (assuming 12/31 plan year end):
FEB 16 / Quarterly Benefit/Disclosure Statement for Participant-Directed DC Plans: Good Faith Compliance due 45 days after the end of the quarter. Note: Usually due February 15, which is a holiday in 2010.
MAR 1 / Deadline for filing form 1099-R with the IRS to report distributions made in the previous year (if not filed electronically). Note: The deadline is usually February 28, which falls on a Sunday in 2010.
MAR 1 / PBGC Form 1-ES Estimated Premium Payment (flat-rate premium for plans with >500 participants) due. Note: This is due by the last day of the second month in the premium payment year.
MAR 15 / Employer contributions due for 12/31 fiscal year-ends in order to take deduction with no corporate tax extension.
MAR 15 / Forms 1042S and 1042 due to IRS to report retirement plan distributions made to nonresident aliens and income tax withheld from distributions made to nonresident aliens.
MAR 15 / Deadline for ADP/ACP refunds without 10% excise tax on employer (due 2½ months following plan year end).
MAR 15 / Application of Waiver for Minimum Funding Standard for DB and Money Purchase Pension Plans (due no later than the 15th day of the third month after the close of the plan year for which the waiver is requested).
MAR 31 / Electronic filing of 1099Rs for 2009 distributions due to IRS.