Farmer & Betts, Inc.
Loren D. Stark Company
Kentucky Trust Company
ERISA Services, Inc.
Nicholas Pension Consultants
Plumbers Local Union No. 1 Benefit Funds
EPIC Retirement Plan Services
Hochheiser Deutsch & Co, Inc.
Retirement Plan Consultants
RTD Financial Advisors
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|IRS Questions Plans Using Short Service Employees in Nondiscrimination Tests (PDF)|
Internal Revenue Service [IRS]
Nov. 5, 2004
1 page. Excerpt: On October 22, Carol Gold, the Director of Employee Plans, issued a directive to EP staff regarding certain schemes which use employees with short periods of service to insure that most, or all, of the benefits paid under a retirement plan go to the employer's highly compensated employees (HCEs). The directive states that these schemes may violate the nondiscrimination rules of Code section 401(a)(4)[.]
|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).|