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Nothing wrong with it as long as there is *no* quid pro quo. This is very common with smaller firms. You may want to consider what happens if the client does a bad job and you need to fire them... There are pros and cons to doing this.

No, you’re not correct. Take a look at this Ferenczy Flash

If 100X fails, try RR 74-307 rule but keep in mind that it is based on years of participation only, cannot use years of service. When determining the lump sum for 74-307, 415 limit should be adhered to i.e. do not base the lump sum based on a very high mortality table that exceeds 415 lump sum at NRA. This lump sum is based on projected monthly benefit at NRA which can change from year to year. If you continuously reduce the benefits and/or freeze the plan, you will need to recalculate the insurance coverage and make sure that incidental limits are not exceeded. When applying RR 74-307, do not forget the 66.66% rule for whole life and 33.33% for universal/term life. You can certainly flip flop using 100x or RR 74-307, no requirement that it has to be the same method to check. However, as always, please check the plan document language and see what is allowed and what is not. My 2 cents FWIW. FYI, I hate insurance in any pension plan, nothing but trouble and never explained by agents properly and what the consequences are, what do I know.

The 100x rule is based on the projected monthly benefit at normal retirement age. Therefore, as the projected benefit increases so will the life insurance to maintain 100x's. If the projected monthly benefit is decreased, likewise, the life insurance would be decreased to maintain the 100x's and to remain incidental. You would also need to review the Plan Document and the life insurance carriers' limits regarding policy increases.

I don’t see any issue with this as long as the plan isn’t paying for your work. 😇

Cliff vesting at 18 months.

Agree completely with QDROphile. The provisions allowing revocable assignment are in 1.401(a)-13(d) and (e). Of course, the lender could and should take into account that this is an income source for you when considering your ability to repay the loan.

Doubtful because lenders know that qualified plan interests cannot be assigned, so they will not lend"against it", meaning they will not accept it as security because it will fail as security when the lender seeks to foreclose. Any contractual designation to deposit the payment must be revocable at will and lenders do not like to be subject to the whim of borrowers.