discretionary non-elective to cure top heavy

[Jim Chad]

Please tell me if I am missing something.  Plan is TH first year 64%.

3% is around $9,000.

Discretionary non-elective of $1,400 would make the TH percentage 59.9 %.

TH test is Accrual for the first year ....isn't it? 

Am I missing something?

 

 

 

 

[Belgarath]

Yes.

No. See 1.416-1, T-24.