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Ired contributions (see ERISA section 303(k)(4)(A) and Code 430(k)(4)(A)) to a single-employer plan that is covered under ERISA section 4021. Do NOT file this form for any other employee benefit plan (e.g., a defined contribution plan). Do NOT file this form with the Internal Revenue Service. Do NOT file this form UNLESS the plan s funding target attainment percentage (see ERISA 303(d)(2)/Code 430(d)(2)) is less than 100 percent. Do NOT file this form UNLESS the total of unpa.

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Related content

Form 200 - Pension Benefit Guaranty Corporation
PBGC Form 200. OMB #1212-0041. Expires 02/28/2022. GENERAL PLAN INFORMATION. File this...
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PBGC Form 200. Approved OMB #1212-0041. Expires xx/xx/xx. File this form to notify the...
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Some pension plans offer their participants lump sums for the full value of their pensions, but PBGC usually doesn't. By contrast, PBGC normally distributes benefits in monthly payments for life. However, if the total value of your benefit is $5,000 or less, you can receive a lump sum from PBGC.

The Form 200 is used to notify the Pension Benefit Guaranty Corporation of a failure to make required contributions to a single-employer plan that is covered under ERISA section 4021 and whose FTAP is less than 100% if the total of unpaid balances, including interest, exceeds $1 million (see ERISA section 303(k)(4)(A) ...

Key Takeaways. The Pension Benefit Guaranty Corporation (PBGC) insures many private-sector defined-benefit pension plans, but it does not cover defined-contribution plans such as 401(k)s. The PBGC is largely funded by premiums paid by defined-benefit plan sponsors.

PBGC premiums, guaranteed benefits and maximum present value On Oct. 18, PBGC announced that the maximum guaranteed benefit at age 65 for terminating plans will rise to $81,000 in 2023 from $74,455 in 2022.

Money PBGC Takes In and Pays Out Congress sets PBGC premium rates. The Multiemployer Program is financed by premiums and investment income. PBGC's Special Financial Assistance Program, established by the American Rescue Plan Act of 2021, is financed by general taxpayer funds.

A private-sector qualified defined benefit plan is exempt from PBGC coverage if it is established and maintained exclusively for substantial owners of the plan sponsor (i.e., if all participants are substantial owners).

PBGC is an independent agency not funded by general tax revenue. Instead, PBGC collects insurance premiums from employers that sponsor defined benefit pension plans, receives funds from the pension plans it takes over, and earns money from investments.

The Plan Administrator of each pension plan covered under ERISA section 4021 is required to annually file the prescribed premium information and pay the premium due in ance with PBGC's Premium Regulations and instructions.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232