Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

Plan Compliance Analyst (Administrator)

RPA
(Remote)

RPA logo

Education Consultant

Pentegra
(Remote / Putnam Valley NY)

Pentegra logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



IRS Tightens Conditions for 401(k) Plans Needing to Change Contribution Deduction Method (PDF)
Internal Revenue Service [IRS]Link to more items from this source
[Official Guidance]
Oct. 17, 2002
Excerpt: Rev. Rul. 2002-46 ... holds that grace period contributions to a [401(k) plan] .... are not deductible by the employer for a taxable year if the contributions are attributable to compensation earned by plan participants after the end of that taxable year.' It also held that an employer could conform its treatment of contributions to the ruling by following certain IRS procedures. Those procedures now are available only for the first taxable year that ends on or after Oct. 16, 2002.

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022 BenefitsLink.com, Inc.