Gruegen Posted April 8, 2008 Posted April 8, 2008 I wanted to find out what "default" document providers are putting in their Final 415 Regulation Amendment regarding salary continuation payments for military service and disabled participants pursuant to Reg 1.415©-2(e)(4). The "default" in the Regulation appears to be that these military service and disability payments are excluded unless the plan elects to include them. In addition, the "default" in the Final 415 Regulation Amendment furnished by Relius Corbel is to exclude these payments. However, that seems rather participant-unfriendly. How are other document providers or TPA's handling this election? Are you including or excluding military service and disability salary continuation payments?
J Simmons Posted April 9, 2008 Posted April 9, 2008 Our prototype uses the default, excluding continuation pay during disability and military service. John Simmons johnsimmonslaw@gmail.com Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.
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