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April 28, 2025

Here are the most recently added topics on the BenefitsLink® Message Boards

SKC created a topic in Defined Benefit Plans, Including Cash Balance

Does This Plan Satisfy 401(a)26?

"Company with 2 Partners and 2 employees. The Partners are the only Participants in Cash Balance Plan. Partner 1 has accrued a large benefit each year including for 2024. Partner 2 accrued large benefits through 2023, received a lumpsum benefit of the large benefit in 2023 and did not receive a benefit for 2024. Does this Plan satisfy 401(a)(26) for 2024?"

1 reply so far   |    Click Here to Add a Reply

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