Terminating Defined Contribution Plans | Practical Law

Terminating Defined Contribution Plans | Practical Law

A Practice Note discussing the requirements for terminating a single-employer defined contribution plan under the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA). This Note reviews the process for terminating a defined contribution plan, how to file for a determination letter with the Internal Revenue Service (IRS) on plan termination, required plan amendments, and paying expenses related to plan termination.

Terminating Defined Contribution Plans

Practical Law Practice Note w-016-2616 (Approx. 12 pages)

Terminating Defined Contribution Plans

by Practical Law Employee Benefits & Executive Compensation
MaintainedUSA (National/Federal)
A Practice Note discussing the requirements for terminating a single-employer defined contribution plan under the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA). This Note reviews the process for terminating a defined contribution plan, how to file for a determination letter with the Internal Revenue Service (IRS) on plan termination, required plan amendments, and paying expenses related to plan termination.