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Old 12-20-2007, 05:31 AM
actuary_scout actuary_scout is offline
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Join Date: Aug 2003
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Default Full Funding Credit and Maximum deductible

Plan year 1/1/07 to 12/31/07.


I have a plan with a full funding credit of 40,000 and minimum reqd contribution =0. The client still wants to put in a contribution of around 50K. The 150%RPA CL = 400,000.


If there is a full funding credit, are we allowed to make any contribution upto the 150%RPA limit inspite of MRC being 0.
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