Possible 436 Contribution

[dmb]

Calendar Year Plan.

2016 AFTAP of 79% has been certified

Credit Balance of $30,000 not enough to wait to get to 80%

At current time, can employer voluntarily waive the credit balance and make a IRC 436 contribution to remove partial benefit restrictions brought on by 79% AFTAP.

Thanks for all responses.

[Mike Preston]

Yes, with the requirement to have a newly certified AFTAP of 80% or more.