EA-2 Examination takers: Question #45?

[Guest Donkey Kong]

If anyone here took the EA-2 exam today, did you understand question #45? It was the question relating to the restricted highly compensated employee's distribution. What was your take on what the question was asking?

[david rigby]

If you can give more description of the Q, someone can probably help.

[Guest Donkey Kong]

Only someone who took the examination can help. It is not a matter of how to answer a problem in this area. It is a matter of discerning what the question was asking for. To me there seemed to be a typo, but I could easily be missing something.

[david rigby]

Believe it or not, some of us are EA's. We might be able to answer the question if you can state it.

[Guest Don N]

Take a look at Regulation 1.401(a)(4)-5(B)(3); in practice, the determination as to whether an HCE is "restricted" and hence limited in his/her distribution can be time consuming because records have to be kept ( conceivably) back to 1989 of who the HCE's were; if you were confused by this exam question, don't feel like you're the only one; I took the exam several years ago & have been working in pensions a long time & it was only within the last year that I was made aware that this reg. section is important ! Good Luck!

[Guest Don N]

Why not post the question; it may be helpful for those of us who deal with the restricted calc. in practice.

[Guest Donkey Kong]

I appreciate everyone's attempts to help. However, as I mentioned before, it is not the topic on which I had the question, but the wording of the question itself. This is definitely a case of "you had to be there".