Santo Gold
Sep 29 2006, 01:46 PM
A tax-exempt local government money purchase plan has a GUST document, which uses a vesting schedule that starts at 0% for years 1 and 2, and does not fully vest until year 8. Normally this would not be permitted, but is there an exception for government plans?
pax
Sep 29 2006, 02:45 PM
Is the governmental plan subject to IRC 411?