Top-Heavy Plans financial definition of Top-Heavy Plans
Top-heavy (redirected from Top-Heavy Plans)
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Under current law, matching contributions made to non-key employees under a top-heavy plan
may be used to satisfy the minimum contribution requirements applicable to such employees.
Tax policy principles governing qualified plans are presented for defined-benefit plans, defined-contribution plans, the participation of individuals in more than one plan and top-heavy plans
Such exclusions may significantly reduce the cost of employer contributions, particularly in money purchase plans, defined benefit plans and top-heavy plans