What are Paired Plans   Paired plans are a combination of two or more defined contribution plans. A paired plan can also include a defined benefit plan. The plans included must be standardized and have the same sponsoring organization or prototype plan sponsor. A prototype plan sponsor is the entity that obtains the IRS's approval for the plan. Entrust is the prototype plan sponsor for these plans and has received IRS approval for these plans.   Beginning in 2002, paired plans will no longer be needed, as the changes in the tax code permit up to 25% contributions (unadjusted) to Profit Sharing Plans to a maximum of $40,000. Paired plans may be continued, if desired, but the adoption of a single profit sharing plan will reduce the cost of administration, and ease administration of the plan and trust accounting.   The Entrust paired plans use the same basic plan document. In this type of paired plan, you can have a standardized money purchase pension plan with a designated contribution percentage of up to 10 percent. Then, by adopting a standardized profit sharing plan, you can make additional optional contributions of up to 15 percent. By pairing these plans, you have the flexibility of contributing up to 25 percent in a given year, but only 10 percent is required in the year if you want to contribute less.   Select an Administrator and Open an Account     Click here for books and CDs webmaster@ekeogh.com ekeogh is brought to you by Entrust Administration 1.800.392.9653