Featured Jobs
|
DWC - The 401(k) Experts
|
|
MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
Retirement Plan Onboarding Specialist Compass
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
|
PPS Pension Services
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Treasury and IRS Change Position on Applying Combined Plan Limit
Deloitte via BenefitsLink 
Sept. 20, 2007
Excerpt: A letter from key Members of Congress has prompted the Treasury Department and IRS to reconsider their interpretation of certain changes the Pension Protection Act ('PPA') of 2006 ... made to the IRC § 404(a)(7) combined plan deduction limit. Employers that contribute both to defined benefit and defined contribution plans now will be able to take advantage of the 150 percent of current liability limit in 2006 and 2007 as long as their contributions to the defined contribution plan do not exceed six percent of compensation.
|
| 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 linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |