Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What type of plan is the New York City District Council of Carpenters Annuity Plan?

April 26, 2017Annuity carpenters council district new york new york city Plan type

0

Posted

What type of plan is the New York City District Council of Carpenters Annuity Plan?

1 Answer

0

Posted

A.The plan is a Profit Sharing plan designed under section 401(a) and 501(a) of the Internal Revenue Code. It is also considered a defined contribution plan.