Recognizing when a plan has partially terminated is important and sometimes overlooked. For both participants and plan sponsors, the finding of a partial termination is an important plan event because participants who were partially vested before the partial termination event will become fully vested due to the partial termination.
In Revenue Ruling 2007-43, issued today […]
Entries Tagged as 'Distributions'
IRS Clarifies Full Vesting on Partial Termination
June 26th, 2007 · 1 Comment
Tags: Distributions · Vesting · IRS · Plan Language
IRS Releases Final Regs on Distributions During Working Retirement
May 22nd, 2007 · No Comments
The IRS has issued Final Regulations on Distributions From a Pension Plan on Attainment of Normal Retirement Age, which permit employees to take distributions from retirement plans once they reach retirement age but are still employed by the employer. These types of distributions are also referred to as distributions during phased retirement or working […]
Tags: Phased Retirement · Distributions
