Andy the Actuary Posted February 29, 2008 Posted February 29, 2008 To whom must notices be provided when benefits are restricted? It appears a fundamentalist reading of the proposed regulations would suggest everyone. And while this may be the correct answer, it can produce a totally ludicrous and unncessary result. Certainly, why would you notify participants whose benefits are in pay status, or for that matter active or terminated vested deferred participants who are not eligible for payments during the period to who the restrictions would apply? Is there guidance of which this actuary is unaware? The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
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