Originally Posted by
Denny Crane
My understanding is Dalpa can say it will be optional because, at this point, it hasn't been determined yet that it can't be optional.
Isn't that like saying he's guilty until it's proved that he's innocent?
Originally Posted by
Denny Crane
The above brings me to a question. Why would the IRS not agree to the Plan being optional? If they don't and it applies to everyone then that will lead to more money that is tax deferred (not a good thing in the IRS's eyes) than if the Plan were optional where the IRS could collect more taxes now and on future investments of that money.
Why was the VEBA not optional?