Plan Language, Benefit Limitations Under Code Section 436 for Defined Benefit Plans | Practical Law

Plan Language, Benefit Limitations Under Code Section 436 for Defined Benefit Plans | Practical Law

Standard Clauses to be added to a defined benefit plan document to satisfy Section 436 of the Internal Revenue Code (Code) regarding the limitations on the accrual and payment of benefits under certain underfunded single-employer defined benefit plans. These Standard Clauses are based on a model published by the Internal Revenue Service (IRS) and have integrated notes with important explanations and drafting tips.

Plan Language, Benefit Limitations Under Code Section 436 for Defined Benefit Plans

Practical Law Standard Clauses 3-521-3702 (Approx. 17 pages)

Plan Language, Benefit Limitations Under Code Section 436 for Defined Benefit Plans

by Practical Law Employee Benefits & Executive Compensation
MaintainedUSA (National/Federal)
Standard Clauses to be added to a defined benefit plan document to satisfy Section 436 of the Internal Revenue Code (Code) regarding the limitations on the accrual and payment of benefits under certain underfunded single-employer defined benefit plans. These Standard Clauses are based on a model published by the Internal Revenue Service (IRS) and have integrated notes with important explanations and drafting tips.