Jilliandiz Posted March 2, 2004 Posted March 2, 2004 Can someone get a profit contribution if they are under the age of 18? If there is no age requirement, is there still a law that prohibits someone under the age of 18 to not receive a profit sharing contribution? thanks
david rigby Posted March 2, 2004 Posted March 2, 2004 Terms of the plan will govern. No statutory requirement to include or exclude. 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.
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