Featured Jobs
|
PPS Pension Services
|
|
MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
Retirement Plan Onboarding Specialist Compass
|
|
DWC - The 401(k) Experts
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
IRS Corrects ESOP Figure in 2003 COLA Figures: $810,000, Not $815,000 (PDF)
Internal Revenue Service [IRS] 
Oct. 24, 2002
Excerpt: The dollar amount under Section 409(o)(1)(C)(ii) for determining the maximum account balance in an employee stock ownership plan subject to a 5-year distribution period is increased from $800,000 to $810,000, while the dollar amount used to determine the lengthening of the 5-year distribution period remains unchanged at $160,000.' (The news release from the IRS initially stated the $810,000 figure as $815,000.)
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |