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 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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