Contributory defined benefit plan and method of determining er/ee allo

[Guest meggie]

Can anyone confirm this for me?

Revenue Ruling 89-60 together with proposed IRS reg 1.411©-1 may be relied upon in determining the single sum distribution of mandatory accumulated employee contributions with interest at date of termination as well as the vested deferred benefit attributable to employer contributions. I know 89-60 does not reflect the revisions of OBRA 89; however, the methodology under 89-60(I believe) still applies.

Looking for your feed back.

Thanks.