A beneficiary of a retirement account can make a valid disclaimer (IRC § 2518). However, the legal representative of a beneficiary’s estate cannot make a disclaimer [Nickel v. Estes, 122 F.3d 294 (5th Cir. 1997)
Annual Benefit Limit
Definition The annual benefit limit for defined benefit plans is the lesser of: A) 100% of the participant’s average compensation for his or her highest
