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IRS Corrects ESOP Figure in 2003 COLA Figures: $810,000, Not $815,000 (PDF)
Internal Revenue Service [IRS] Link to more items from this source
Oct. 24, 2002
Excerpt: The dollar amount under Section 409(o)(1)(C)(ii) for determining the maximum account balance in an employee stock ownership plan subject to a 5-year distribution period is increased from $800,000 to $810,000, while the dollar amount used to determine the lengthening of the 5-year distribution period remains unchanged at $160,000.' (The news release from the IRS initially stated the $810,000 figure as $815,000.)

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