Depositing settlement proceeds from class action suits etc involving investments within the plan.

[jevd]

I remember seeing a PLR or GCM that stated proceeds from a class action suit or similar settlement involving the investment within a plan may be deposited in the plan without being considered a contribution. I did find the PLRs regarding restoratiive payments from employers but I'm unable to find any regarding class actions regarding investments etc. This particular case involves an investment within an IRA.

Thanks for any information that you have.

[Appleby]

jevd ,

Does this help?

http://benefitslink.com/boards/index.php?a...st=0#entry72497

[jevd]

Thanks, That helps. I stilll think I saw a PLR or GCM on the subject. I'll keep looking and advise if I find one.

[Kirk Maldonado]

Try PLR 8836003, PLR 9442021, and PLR 200241046.

[jevd]

Thanks Kirk