Guest koo Posted September 23, 2009 Posted September 23, 2009 Can employees defer to a money purchase plan or are the contributions strictly limited to the amount the employer provides to the Plan?
J Simmons Posted September 23, 2009 Posted September 23, 2009 Generally speaking, a money purchase pension plan may only receive employer contributions. However, there are yet some money purchase pension plans established before 1974 that do allow employees to defer pursuant to a 401k feature. John Simmons johnsimmonslaw@gmail.com Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.
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