Guest cosmo01 Posted March 22, 2004 Share Posted March 22, 2004 We have a situation wherein a tax-exempt employer sponsors a church plan. The church plan is underfunded and the employer would like to contribute a promissory note to the church plan in the amount of the underfunding.. problems? Link to comment Share on other sites More sharing options...
Kirk Maldonado Posted March 22, 2004 Share Posted March 22, 2004 Are they an electing church plan or not? Kirk Maldonado Link to comment Share on other sites More sharing options...
Guest cosmo01 Posted March 22, 2004 Share Posted March 22, 2004 The plan has not filed a 410(d) election to be subject to ERISA. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now