emmetttrudy Posted May 1, 2009 Posted May 1, 2009 CB Plan effective 1/1/2006. It was set up with a 6-year graded vesting schedule. Under PPA I was under the assumption all Plans had to move to a 3-year cliff vesting schedule. Is this correct? Can this Plan continue to use the 6-year graded schedule?
david rigby Posted May 1, 2009 Posted May 1, 2009 See IRC 411(a)(13). 3 years. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
D Syrett Posted May 2, 2009 Posted May 2, 2009 See IRC 411(a)(13). 3 years. By when is a plan required to amend for this change?
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now