IRS Modifies Ruling on Consequences of Pension Plan Election

Internal Revenue Service

The IRS has modified a prior ruling (<a href="/lr/resolve//2cjhn">LTR 202020019</a>) on the tax treatment of mandatory employee contributions after an election to participate in a hybrid cash balance plan, revising the language under the facts section and the language under the fifth ruling that picked-up employee contributions will be treated as employer contributions that will not constitute wages.

The IRS has modified a prior ruling (LTR 202020019) on the tax treatment of mandatory employee contributions after an election to participate in a hybrid cash balance plan, revising the language under the facts section and the language under the fifth ruling that picked-up employee contributions will be treated as employer contributions that will not constitute wages.

The IRS has modified a prior ruling (LTR 202020019) on the tax treatment of mandatory employee contributions after an election to participate in a hybrid cash balance plan, revising the language under the facts section and the language under the fifth ruling that picked-up employee contributions will be treated as employer contributions that will not constitute wages.

Sec. 414 Definitions and special rules

Search Connectors

Retrieving Documents With a Tax Analysts’ Citation:

Field Restricted Searching:

IRS Modifies Ruling on Consequences of Pension Plan Election