dmb Posted March 31, 2004 Posted March 31, 2004 If an employer has a DB Plan effective 1/1/04, can i use accrued to date testing based on service prior to the effective date if i only have current compensation or would i need compensation to match the prior service?? Thanks.
AndyH Posted March 31, 2004 Posted March 31, 2004 I believe that the regs require you to use average (3 year +) compensation unless the plan is an annual accrual (i.e. career average) plan.
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