Madison71 Posted January 12, 2010 Posted January 12, 2010 Individually designed money purchase plan currently permits 10% after tax employee contributions. Plan received a d-letter in 2002. I am putting this plan on a prototype document and the only selections for employee contributions are "no" or "formerly allowed." Did the law change to now not permit after-tax contributions? If not, then why doesn't the prototype document providers allow them? I don't even know if there are any after-tax employee contributions made. It is an owner/wife only plan. Thanks.
WDIK Posted January 12, 2010 Posted January 12, 2010 What prototype are you using? ...but then again, What Do I Know?
Madison71 Posted January 12, 2010 Author Posted January 12, 2010 Not sure we are outsourcing it - Corbel maybe?
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