If a client with an S Corporation that wishes to contribute the most possible to their retirement account for this one business. Should my client open an SEP-IRA in addition to their existing Solo 401(K) account?
Our company had an employee with a 401(K) distribution and thus received a Form 1099-R for the 2014 tax year with a distribution code 1. However, the employee did not receive the funds until 2015 and is questioning the 1099-R. They are contesting the year of issuance for the 1099-R. What should we do?