John A Posted January 10, 2002 Posted January 10, 2002 Can a group of entities each able to have a 457 plan use a master trust?
Carol V. Calhoun Posted January 18, 2002 Posted January 18, 2002 Yes, if they are all governmental, and if the trust otherwise complies with Rev. Rul. 81-100. The Internal Revenue Code now permits a nonqualified governmental plan to invest in a group trust without endangering the tax-exempt status of the trust. Employee benefits legal resource site The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances.
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