Maximum benefit of Owner 2 Companies

[abanky]

First, the two companies are not related in one bit.

Second, Owner A is 50% partner in Company Y and Sole Owner in Company Z.

Company Y has a db plan where Owner A is at the 415 limit.

My question is, can he start a plan in Company Z where he gets up to the 415 limit in that plan too?

[Lou S.]

Under §415(h), yes. Just make sure that owner A's partnership interest really is not more than 50% in company Y.

[abanky]

perfect, thank you.