Closed Pension Plans Could Meet Nondiscrimination Rules

Posted date: March 30, 2016 In: QuickPress

IRS Proposes Rules for Closed Pension Plans

The Internal Revenue Service has responded to the proliferation of closed defined benefit pension plans, which continue to cover older employees while prohibiting new employees from joining, by proposing regulations that would let the plans qualify under the nondiscrimination rules. Sally P. Schreiber senior editor for The Tax Adviser, explains.

To read the full article in The Tax Adviser, click: Closed Pension Plans Could Meet Nondiscrimination Rules.

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The National Association of Certified Valuators and Analysts (NACVA) supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines.

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