Register to Attend the Section 415 Webinar
As a qualified retirement plan, the Retirement Security (RS) Plan is required to comply with Section 415 of the Internal Revenue Code. This longstanding federal regulation states that retirement distributions or benefits may not exceed certain limits. Unusually low interest rates and other factors have resulted in an increase in the number of RS Plan participants affected by the Section 415 benefit limits. NRECA has been working with individual co-ops and affected participants to explain how these limits work in individual situations.
To provide broader awareness and understanding of these limits, NRECA is hosting a webinar on June 12, 2018 at 2 pm, Eastern time. Presenters will provide a summary of 415 limits, discuss plan and demographic factors that can increase the likelihood of being affected by the limits, and an overview of the current notification process.
Register for the webinar today.