Deductible employee contribution (DEC)

Definition

Any qualified voluntary employee contribution (i.e. any amount contributed on behalf of any individual to a plan described in Code § 501 (c)(18)) , that is

• Made after December 31, 1981,
• Made in a taxable year beginning after such date
• Made for a taxable year beginning before January 1, 1987, and
• Allowable as a deductible contribution to a traditional IRA for the taxable year.

Referring Cite

IRC § 72(o)(5)

Additional Helpful Information

• DECs were repealed under TRA '86 §1101(b)
• Notice 87-16

Related Articles Tutorial or Other Content