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Full Version: 409(p)(4)(D) Attribution in S Corp. ESOP
BenefitsLink Message Boards > Retirement Plans > Employee Stock Ownership Plans (ESOPs)
TAG
Just a quick question, does a disqualified person's cousin fall into the prohibited category.

More spefically- is there any interpretation to mean lineal decendant of the ancestor.

Thanks
TAG
BeckyMiller
Oh oh! I figured I better respond to this one because I know I have made this remark - regarding this definition of family.

Cousins of the tested person are not covered. The reason I mention cousins is because frequently the decision maker is the child of the tested person. His or her cousins (the lineal descendants of the siblings of the tested person) are included.
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