Guest Pennysaver Posted July 23, 2009 Posted July 23, 2009 If a DB and a DC plan are permissively aggregated, and the DB plan provides a subsidized death benefit to the surviving spouse of an active employee, how can such a benefit be provided for in the DC plan in order to pass testing? Will providing such a benefit under the DC plan result in any limit violations, such as 415?
david rigby Posted July 23, 2009 Posted July 23, 2009 Does the DC plan already have a death benefit? (Probably.) 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.
Guest Pennysaver Posted July 23, 2009 Posted July 23, 2009 Does the DC plan already have a death benefit? (Probably.) No, the DC plan does not have a subsidized death benefit.
Blinky the 3-eyed Fish Posted July 23, 2009 Posted July 23, 2009 Can you be more specific as to what the subsidized death benefit is? "What's in the big salad?" "Big lettuce, big carrots, tomatoes like volleyballs."
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