Santo Gold Posted April 28, 2006 Posted April 28, 2006 Can sponsors of target benefit plans allow participants to self-direct their accounts? Because these are DC plans, I would think yes, but the DB nature of them causes me to doubt if that is the case.
JAY21 Posted April 28, 2006 Posted April 28, 2006 Yes they can. Only the contribution formula is a DB-like formula, beyond that, everthing is else is the same as MP plan (415 limits, individual accounts, etc...).
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