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Name: Non-Discrimination Requirements for Certain Defined Contribution Retirement Plans. Final Regulations (26 CFR Part 1).
Country: United States of America
Subject(s): Old-age, invalidity and survivors benefit
Type of legislation: Regulation, Decree, Ordinance
Adopted on: 2001-06-29
Entry into force:
Published on: Federal Register, 2001-06-29, Vol. 66, No. 126, pp. 34535-34545
ISN: USA-2001-R-59646
Bibliography: Federal Register, 2001-06-29, Vol. 66, No. 126, pp. 34535-34545
Abstract/Citation: Permits certain defined contribution retirement plans to demonstrate compliance with non-discrimination requirements based on plan benefits rather than contributions. Defined contribution plan can test on a benefit basis if it provides broadly available allocation rates, age-based allocations, or passes a gateway requiring allocation rates for non-highly compensated employees to be at least 5 per cent of pay or at least one-third of the highest allocation rate for highly compensated employees.

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