The tables are to be used for determining contributions to DB plans and permitted disparity in DC plan contributions.
Tag: DC plans
The group says it has considered moving from a DB plan for clergy to a DC plan and concluded that doing so “would be irresponsible.”
Nearly one-third (32%) of survey respondents said if this provision of tax reform is passed, it will cause them to save less in their retirement accounts.
The Academy has released a position statement, joining the GAO and Treasury Department in encouraging the use of lifetime income options in DC plans.
“Do the Experts have any Treats for us this Halloween, or only Tricks?”
IRS says missed repayments can be addressed in the following quarter or that participants can refinance a loan, but that it will still be due on the original due date.