IRC 414(J)

[tlf24283-]

How can i tell if my Pension and 401K fall under the IRC 414(J) Rules for Alabama?

[dmertz · Accepted solution]

Section 414(j) simply says that any plan that is not a defined contribution plan is a defined benefit plan.  A 401(k) is a defined contribution plan, not a defined benefit plan.  A pension plan, as the term is commonly used by employers, is a defined benefit plan.