If required contributions are made because the plan is top-heavy
, the plan must adhere to an accelerated vesting schedule outlined by the IRS, unless the plan's vesting schedule is more liberal.
The sponsor claims it either never would have adopted the plan, would have frozen the plan before it became top heavy or would not have permitted key employees to continue to defer income into the plan, thereby avoiding the top-heavy
If the tree looks top-heavy
, what remains should be thinned.
LBP 401(k) Plus is a turnkey, individually owned retirement program that emulates a traditional 401(k) plan for highly compensated employee-participants, while permanently eliminating top-heavy
, non-discrimination testing issues for employer/sponsors.
More zooplankton means more food for fish, though such top-heavy
food webs could crash, she warned.
The movement has always been top-heavy
with geeks, and Moore is the rare figure willing to pay a steep price for personal and artistic freedom, walking away from a lucrative contract with DC Comics and refusing to take any credit for of money from this year's V for Vendetta movie.
Summer limb drop syndrome'' is also occurring because last year's near-record rainy season has encouraged more leaf and limb growth, making trees top-heavy
401(k) safe-harbor contribution requirement, the plan may still not satisfy the top-heavy
minimum contribution requirement to the extent there are nonkey HCEs who do not receive the 3% QNEC.
A plan is considered top-heavy
when 60 percent or more of the plan's assets--both current and those distributed in the last five years--are attributed to the accounts of key employees.
CONGRESS MODIFIED THE TOP-HEAVY
RULES THAT WEE onerous for many small companies.
Her skinny girlish goddesses with their baroque bloodlines may not have the ironic equilibrium of Currin's and Yuskavage's top-heavy
In addition, that there were financial irregularities, and the hiring of friends of the new executive at high salaries even when HLI was already top-heavy