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If I am using pre-tax dollars for the service purchase agreement with ASRS, how is that brought over to CORP at the time of transfer?

April 26, 2017Agreement asrs Corp Dollars pre-tax purchase service time transfer

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If I am using pre-tax dollars for the service purchase agreement with ASRS, how is that brought over to CORP at the time of transfer?

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The transfer of money from ASRS to CORP does not change the tax treatment. Additionally, assuming AOC agrees as part of the joinder agreement, this service will be transferred annually (as it is paid) from ASRS to the members account in CORP.