Featured Jobs
|
Senior Compliance Analyst 401(k) Plan Administration MVP Plan Administrators, Inc.
|
|
Daybright Financial
|
|
Client Service Executive: Employee Benefits Consulting Global Employee Benefits Consulting Firm
|
|
Plan Document Support Specialist ASC Actuarial Systems Corporation
|
|
Pentegra
|
|
Anchor 3(16) Fiduciary Solutions LLC
|
|
TriStar Pension Consulting
|
|
MAP Retirement
|
|
BLG PLLC
|
|
MAP Retirement
|
Free Publications
|
|
Can 403(b) Plan Compensation Definition Include Housing Allowance?
PLANSPONSOR; registration may be required 
Dec. 14, 2017
"The [IRS] has taken the position for a number of years that amounts nontaxable as housing allowance are not compensation for purposes of the 415 definition of compensation. Thus, they cannot be counted as compensation for purposes of the 100% of compensation limit.... However, for purposes of making employer contributions, a different definition of compensation could be used that includes nontaxable housing allowance."
|
| 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). |