As a further opportunity to think about when looking at Plan Year 2012, Prudential has issued some information guidelines for plan administrators to consider in both ERISA and non-ERISA qualified DC plans and 403(b) plans.
To that end, remember the basics:
The 2012 compensation limit is $250,000 – so when performing nondiscrimination tests and determining contributions and tax-deductible contribution limits, that's the magic number.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.