Guest Madalyn Clark Posted November 2, 2004 Share Posted November 2, 2004 I have a money purchase plan with a 414(h)(2) "pick-up" arrangement. The employer "pick-up" amount is 2.8%. The client has requested that the plan be amended to provide for a "pick-up" amount based on years of service (i.e. 3% for years 1-4, 4% for years 5-9, 5% thereafter. Can a plan be amended to change the amount of the 414(h)(2) "pick-up" amount? Link to comment Share on other sites More sharing options...
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