Jump to content

Recommended Posts

Posted

A profit sharing plan may allow in service distributions after a stated age, among a few other things.

Is there any guidance as to what is the minimum allowable age for in service distributions?

Posted

Well it is a retirement plan after all. I don't know of any guidance but do have experience with plan not getting a determination letter on profit sharing plan when it stated in service w/d age was 45. Just so happened the owner was about that, and all the employees where 20 somethings.

JanetM CPA, MBA

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 account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use