IRS Announces Pension Plan Limitations for 2010

Oct 15, 2009 1 Replies

"Alan" wrote

Which reminds me, a client was in for some end-of-business-life tax planning and wondered if, since he has a "profit sharing" plan, could he ask for some money back in these loss years. Kind of like the NOL carryback except for pension plans. It was good for a chuckle.

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required