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Daybright Financial
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The Pension Source
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MAP Retirement
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MAP Retirement
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MAP Retirement
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Senior Counsel – Investment Solutions Great Gray Trust Company
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Nova 401(k) Associates
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Regional Vice President, Sales MAP Retirement
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The MandMarblestone Group, llc
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Senior Retirement Plan Administrator (TPA) Public Accounting Firm
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Retirement Relationship Manager MAP Retirement
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Participant Support Representative Daybright Financial
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Senior Plan Consultant, Defined Benefit DWC - The 401(k) Experts
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Text of IRS General Information Letter to Mark Iwry on Automatic Compensation Reduction Elections (PDF)
American Benefits Council
Apr. 8, 2004
2 pages. Excerpt: [T]here is no special maximum limit on the automatic compensation reduction percentage and no safe harbor automatic compensation reduction percentage.... [F]or example, the automatic compensation reduction percentage need not be limited to the percentage of compensation that limits, under the plan, the amount of elective contributions or elective deferrals that are matched by employer matching contributions.
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