Lesson 10: IRC 410(b) Minimum Coverage Test
NEW Comprehensive Guide to 401(k) Plans
Description
Lesson 10 – IRC §410(b) Minimum Coverage Test
- IRC §410(b)minimum coverage test overview
- Purpose of the test
- Highly compensated employees (HCEs)
- Excludable employees
- Testing options
- Ratio percentage test
- Average benefit test
- Special aggregation & disaggregation rules
- Correcting coverage failures