Invesco Aim | New Comparability Plan

Session Expiration Warning

	Mutual Funds
	Exchange Traded Funds (ETFs)
	Retirement Center
	Toolbox
	Small Business Plans
	AIM Solo 401(k)
	SEP IRA
	SIMPLE IRA
	Age-Weighted Plan
	Super Comparability Plan
	Profit Sharing Plan
	401(k)
	New Comparability Plan
	Safe Harbor 401(k) Plan
	Individual Retirement Plans
	College Savings Plans
	Annuities
	Separately Managed Accounts
	Cash Management
	Offshore
	Tools

Printer friendly

Email to a friend

New Comparability Plan

Plan description
Key features
Who can establish
Annual contributions
Annual fees

Plan description

A new comparability plan is a profit sharing plan with an allocation formula that divides employees into two groups: preferred and nonpreferred. The contribution is allocated within each group according to relative age and compensation.

Return to Top

Key features

Employers are permitted to add a 401(k) salary-deferral feature.
Vesting schedule is determined by the employer.
Withdrawals are governed by the plan document and may be restricted.¹
Employers may offer participant loans.

Return to Top

Who can establish

Self-employed persons, partnerships, S-corporations², C-corporations² and nonprofit groups.

Return to Top

Annual contributions

Please see Retirement Plan Limits for the current compensation and contribution limits for this plan.

Return to Top

Annual fees

Due to the complexity involving the contribution calculation and nondiscrimination testing, retirement plan administrative services are required.

Return to Top

¹Amounts withdrawn from retirement plans are generally includable as taxable income in the year received and may be subject to tax penalties if withdrawn prior to 59½.

²S-corporations and C-corporations are two different types of legal structures, each of which is subject to different tax rules.

This information does not constitute tax advice. Please consult your tax advisor about your particular situation.

Invesco Aim^SM is a service mark of Invesco Aim Management Group, Inc. Invesco Aim Advisors, Inc., Invesco Aim Capital Management, Inc., Invesco Aim Private Asset Management, Inc. and Invesco PowerShares Capital Management LLC are the investment advisors for the products and services represented by Invesco Aim; they each provide investment advisory services to individual and institutional clients and do not sell securities. Please refer to each fund’s prospectus for information on the fund’s subadvisors. Invesco Aim Distributors, Inc. is the U.S. distributor for the retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for the STIC Global Funds represented by Invesco Aim. All entities are indirect, wholly owned subsidiaries of Invesco Ltd.

Consider the investment objectives, risks, and charges and expenses carefully before investing. For this and other information about AIM funds, please obtain a prospectus from your financial advisor and read it carefully before investing.

NOT FDIC INSURED

MAY LOSE VALUE

NO BANK GUARANTEE

Invesco Aim Management Group, Inc. data unless otherwise noted.

Invesco Aim Distributors, Inc. 12/2008