Cost to Bust

L1: Cost to BustWhat is the “Cost to Bust” amount that appears in the calculation and the IRS Interest Penalty?2004-07-20 15:26, By: Dusty, IP: [4.11.113.109]
L2: Cost to BustThe column attempts to illustrate the cost of busting a SEPP plan.
When a plan goes bust, the penalty is the 10% penalty on the previous distributions, plus interest on the past due penalties. 2004-07-20 16:34, By: Gfw, IP: [172.16.1.71]