H.R. 10 Plans Under ERISA |
Common terms and phrases
10-year averaging method 15 percent 25 percent limitation active participation adjusted gross income amounts deductible apply average pay plan beginning after 1975 beneficiaries capital gain treatment common-law employees contribution on behalf Contributions and Deductions correcting distribution December 31 defined benefit plan defined contribution plan disqualified person earned income earnings from self-employment election employed individuals employee IRC employee's employer contributions exceed excess contribution IRC fiduciary filed final average pay includes owner-employees Individuals Tax Retirement insurance contracts Internal Revenue Service long-term capital gain lump-sum distribution minimum contribution ordinary income owner partnership percent of earned permissible contribution permitted personal services plan which includes prior taxable Profit-Sharing Plans prohibited transaction IRC qualified plan retirement plans rules Self-Employed Individuals Tax sole proprietor Subchapter S corporations succeeding taxable Tax Exclusion tax on excess Tax Reform Act Tax Retirement Act tax return taxable year IRC taxable years beginning taxpayer trade or business voluntary contributions