Guest merlin Posted October 9, 2002 Posted October 9, 2002 Reg. sec. 1.412©(2)-1(B)(6) sets limits on the adjusted value of assets. Regardless of how the assets are adjusted the maximum value is the greater of 120% of the fair market value or 115% of the average value of assets. If I compute the average value as described in the reg that will always give me an acceptable value even if it's greater than 120% of fmv,right?
david rigby Posted October 9, 2002 Posted October 9, 2002 See last paragraph on Page 2-3 of this September 2002 document: http://www.soa.org/sections/076_tino_sypher.pdf 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.
Guest merlin Posted October 10, 2002 Posted October 10, 2002 Great,pax. Thank you very much. One thing still unclear,though. Is the 85-115 corridor still avilable for multiemployer plans, or is it gone entirely? On p. 2-4 it seems that it's still there,but Appendix B says not. Thank you again.
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