FDIC limits change for retirement plans. (Federal Deposit Insurance Corp.): An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on September 1, 1993. The length of the article is 1818 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Federal Deposit Insurance Corporation Improvement Act of 1991 final regulations significantly change the coverage for IRC section 457 passthrough deposits as well as other areas of retirement benefits. The section 457 changes include per participant coverage as well as per plan, requiring covered deposits be made to adequately capitalized institutions and allowing welfare plans to be covered as passthrough plans. The regulations also deny passthrough coverage eligibility to benefit responsive bank investment contracts and require all affected customers be notified of the changes.

Citation Details
Title: FDIC limits change for retirement plans. (Federal Deposit Insurance Corp.)
Author: Becky Miller
Publication:The Tax Adviser (Magazine/Journal)
Date: September 1, 1993
Publisher: American Institute of CPA's
Volume: 24 Issue: n9 Page: 561(4)

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