In general, covered compensation is used to determine "permitted disparity" for safe harbor defined benefit plans under section 401(l) and "imputed disparity" for DB plans subject to the general test under Section 401(a)(4). For purposes of determining covered compensation for the 2014 year, the taxable wage base is $117,000.
The revenue ruling is available here.
The revenue ruling is available here.

No comments:
Post a Comment
Please be aware that all comments are moderated before posting. As a result, there may be a delay between the time you submit a comment and when it is posted.