LIBERTYKID Posted June 9, 2008 Posted June 9, 2008 Company A owns 50% of company B. Company B wants to set up a KSOP and use the stock of company A as employer securities. Code Section 409(l)(4)(B) appears to lower the controlled group percentage to 50 percent for this purpose, to the extent I understand it. Can someone verify that I am reading that section correectly?
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