Deferrals for a deceased participant?

[jkharvey]

The part. died a few months ago and there are some additional monies owed to him for compensation. The CPA is asking if deferrals can be taken on this amount. My first thought is "no" since the money will be paid to the estate and the estate is not a participant.

[rcline46]

Refer to the final 415 regs which are effective for all limitation years after 6/30/2007. I think the answer is yes, not only can they be made, but probably must be made.