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What's the Impact of the 2016 IRS Retirement Plan Limits?
Van Iwaarden AssociatesLink to more items from this source
[Guidance Overview]
Nov. 2, 2015

"A flat qualified compensation limit could have several consequences. These include: [1] More compensation counted towards SERP excess benefits ... [2] Lower-than-expected qualified pension plan accruals for participants whose pay is capped ... [3] [E]mployers may find that more of their employees become classified as HCEs.... [4] Plans may see marginally worse nondiscrimination testing results (including ADP results) if more employees with large deferrals or benefits become HCEs. It could make a big difference for plans that were previously close to failing the tests."

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