LLC Deferrals treated as ER Match

[Guest Rachelw]

I ran across something in Sal's book Index that I cannot seem to find further information on.

The section reads:

"Section 401(k) plan maintained by LLC" - Member's elective deferrals treated as matching contributions if LLC taxed as partnership."

The Index directs you to look in the ADP/ACP testing or 401(k) plan sections, but I was unable to locate this specific topic in either of those sections.

Has anyone ever heard of this?

Thanks,

Rachel

[Lou S.]

Sounds out of date. I think that was changed quite awhile ago. Perhaps as long ago as SBJPA.