Gary Posted July 29, 2011 Posted July 29, 2011 husband and wife plan (no employees) a plan amendment to increase plan formula is effective 1/1/07 and adopted 3/15/08. it seems that increased plan formula could not be used for 2010 plan year for computing cushion amount. Am I missing something?
FAPInJax Posted August 1, 2011 Posted August 1, 2011 No. I believe you are correct. The amendment can not be recognized for 24 months (which would then include the 2010 valuation).
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