Randall & Hurley, Inc.
Loren D. Stark Company
EPIC Retirement Plan Services
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|Can the Reallocation of DB Surplus Transferred Into a DC Plan Be Over and Above the 25% Deduction Limitation?|
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Jan. 15, 2021
"In a defined contribution plan, can the transferred defined benefit plan surplus assets (from a termination of the DB plan) being released for the 2020 plan year be allocated in addition to the employer's contribution (equal to the 25% of eligible pay) or does it count toward that 25% deduction limitation?"
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