Notes
1. This chapter is based on Internal Revenue Service Publications 560, 571, and 4222; and 2015 U.S. Master Pension Guide (Chicago: CCH Inc., 2015).
2. For 2015, highly compensated employees are employees who (1) owned 5 percent of the company at any time during the year or preceding year or (2) had compensation from the employer in excess of $120,000 (indexed for inflation), or, if the employer elects, were in the highest 20 percent of employees based on compensation for the preceding year.
3. For details, see Kathleen Kennedy-Luczak et al., 2015 Master Pension Guide (Chicago: CCH Inc. 2015), pp. 331–332.
4. Ibid., pp. 1050–1051.
5. David A. Littell and Kenn Beam Tacchino, Planning for Retirement Needs, 9th ed. (Bryn Mawr, PA: The ...
Get Principles of Risk Management and Insurance, 13th Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
