Category Archives: Deduction Limits 404

Changes to Deduction Limits under Code section 404

More Information About Treasury Decision on Combined Plan Deduction Limits

Posted on September 18, 2007 by Administrator

Earlier this week, I posted about an announcement by the American Society of Pension Professionals & Actuaries (ASPPA) that Treasury officials have informed Congress that they will enforce the new PPA combined plan deduction limits under Internal Revenue Code section … Continue reading →

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Constitution Day and Combined Plan Deduction Limits

Posted on September 16, 2007 by Administrator

ASPPA announced on Friday that Treasury officials informed Congress yesterday that they will enforce the new PPA combined plan deduction limits under Internal Revenue Code section 404(a)(7) in accordance with the language in the proposed PPA technical correction legislation (H.R. … Continue reading →

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American Academy of Actuaries Comments on Notice 2007-28

Posted on March 29, 2007 by Suzanne Wynn

The American Academy of Actuaries released a four-page comment on Notice 2007-28 which they sent to the IRS. It contains a very simple example of how the interpretation of the combined deduction interpretation in Q&A9 will impact a plan. The … Continue reading →

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Deduction Limits – IRS Issues Guidance about 404

Posted on March 13, 2007 by Suzanne Wynn

The IRS issued Notice 2007-28 today, which provides guidance on the changes to Code section 404 made by the Pension Protection Act. Notice 2007-28 is only 4 pages long. The changes to Code section 404 made by PPA have two … Continue reading →

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