Guest Edward McElroy Posted September 28, 1998 Share Posted September 28, 1998 May a defned benefit plan provide a post-retirement death benefit? A client maintains a plan that is overfunded. If the individual retires and begins to receive his retirement benefits from the trust, may the on-going plan provide a post-retirement incidental death benefit? Any comments. Thanks. Ed Link to comment Share on other sites More sharing options...
david rigby Posted September 28, 1998 Share Posted September 28, 1998 Seen it. done it. I think it is still OK. You are correct in stating "incidental". I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice. Link to comment Share on other sites More sharing options...
Alonzo Posted September 29, 1998 Share Posted September 29, 1998 Doing the post-retirement death benefit is fine. Check Prop. Reg. 1.401(a)(9)-2 to see if the death benefit is truly incidental. The 50% of the cost stuff is out of date. Link to comment Share on other sites More sharing options...
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