Jean Posted September 1, 2000 Posted September 1, 2000 Is there any guidance within top-heavy regulation regarding the correct way to test plan year the amends from fiscal to calendar, thus creating a short plan year? Plan Year #1: 07/01/98 - 6/30/99 Plan Year #2: 07/01/99 - 12/31/99 Plean Year #3: 01/01/00 - 12/31/00 What is the correct determination dates to test this plan for year 2 & 3?
rcline46 Posted September 1, 2000 Posted September 1, 2000 Top Heavy always refers to the valuation date withing the immediately preceding plan year. If EOY valuation, some DBs and usually all DCs, then 6/30/99 is one date and 12/31/99 is the other date, short years are effectively irrelvannt. If BOY valuations, then 7/1/98 and 7/1/99 are the testing dates.
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