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What is the impact on a veteran covered by both an employer plan and governmental plan under Code section 402(g)?

April 26, 2017code Covered employer governmental impact Plan section veteran

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What is the impact on a veteran covered by both an employer plan and governmental plan under Code section 402(g)?

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The law provides that the employee may make up elective deferrals to the extent that the employee could have made them (see Code section 414(u)(2)(B)). These deferrals are adjusted for any elective deferrals actually made during the period of qualified military service.