Guest chicago Posted August 15, 2004 Share Posted August 15, 2004 Has anyone considered this: If an employee purchases service credit in a d/b plan with a rollover from an eligible retirement plan can 25% of the employee contribution be used to fund a 401(h) account? Link to comment Share on other sites More sharing options...
Guest Steve C Posted August 16, 2004 Share Posted August 16, 2004 I don't think you can do it. At first I was getting hung up on whether the subordination rule was based on 25% of total 'ee + 'er contributions, or just the employer portion. Then I remembered that the last line of 401(h) tells us to ignore contributions that are made to fund past service credits. - Steve Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now