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Posted

 A Non-Electing Church sponsors a Money Purchase plan which needs to be restated for Cycle 3.  We understand that there is a newly allowed type of pre-approved plan for this situation under IRS procedures but our current document provider is not offering one.  I found some notes published by ASC on such a document but have not located anything else.  Does anyone know of a document provider with a pre-approved plan document (exempt from the requirements of Title I) for a Money Purchase plan sponsored by a Non-Electing Church?  Thank you!

Patricia Neal Jensen

patricia.jensen@futureplan.com

 

Patricia Neal Jensen, JD

Vice President and Nonprofit Practice Leader

|Future Plan, an Ascensus Company

21031 Ventura Blvd., 12th Floor

Woodland Hills, CA 91364

E patricia.jensen@futureplan.com

P 949-325-6727

Posted

Hi Patricia -

ASC offers a pre-approved Non-Electing Church Money Purchase Pension Plan – Nonstandardized plan type.  

I'll send you some info. 

 

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