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IRS Now Requires an Employer Discretionary Match to Be 'Definitely Determinable'
The Retirement Plan Blog Link to more items from this source
June 30, 2021

"Until recently, an employer matching contribution that was discretionary did not have to be stated in the plan document. But now the IRS has taken the position that a discretionary employer match must also be definitely determinable.... As part of the required Cycle 3 Restatement of 401(k) plans, employers must follow a three-step process to meet IRS requirements."

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