Pension Plan Limits

Employee compensation - special election

Answer:

In 2016, the dollar amount under Section 430(c)(7)(D)(i)(II) used to determine excess employee compensation with respect to a single-employer defined benefit pension plan for which the special election under Section 430(c)(2)(D) has been made is increased from $1,101.000 to $1,106,000..
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Pension Plan Limits Questions

View More Questions