Guest Quacka Posted June 17, 2011 Share Posted June 17, 2011 If a DB plan, long frozen, "ends" after the last participant dies, can the remaining assets revert to the employer? Would the excise tax apply in that case? And would the reversion be subject to corporate income tax as well? Thanks. Link to comment Share on other sites More sharing options...
mbozek Posted June 20, 2011 Share Posted June 20, 2011 If a DB plan, long frozen, "ends" after the last participant dies, can the remaining assets revert to the employer? Would the excise tax apply in that case? And would the reversion be subject to corporate income tax as well? Thanks. Excise tax applies to all terminations occurring after Dec 31, 1986. Corp income tax applies as well as 50% excies tax mjb 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