§ 401(k)(6)

a pre-erisa money purchase plan

UNDECIDED

0 of 2 settled

  1. 1

    § 401(k)(6)

    ALL OF

    For purposes of this subsection, the term “pre-ERISA money purchase plan” means a pension plan—

    “a pension plan” Opening words
    “which is a defined contribution plan (as defined in section 414(i)),” § 401(k)(6)(A) needs Step 2 a defined contribution plan UNDECIDED
    “which was in existence on June 27, 1974, and which, on such date, included a salary reduction arrangement, and” § 401(k)(6)(B)
    “under which neither the employee contributions nor the employer contributions may exceed the levels provided for by the contribution formula in effect under the plan on such date.” § 401(k)(6)(C)
  2. 2

    § 414(i)

    a defined contribution plan

    ALL OF
    “a plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant’s account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which may be allocated to such participant’s account.” Opening words
    “provides for an individual account for each participant”
    “for benefits based solely on the amount contributed to the participant’s account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which may be allocated to such participant’s account”