...standards of the Internal Revenue Code and the Regulations thereunder with respect to nondiscrimination in favor of "employees who are officers, shareholders,...consist in supervising the work of other employees, or the highly compensated employees."4 While we have had some doubt as to the propriety, under the standards...

...benefits are payable to employees under a classification which is set forth in the plan and which is found by the Secretary or his delegate not to be discriminatory...shareholders, persons whose principal duties consist of supervising the work of other employees, or highly compensated employees, and (Ш) such benefits...

...benefits are payable to employees under a classification which is set forth in the plan and which is found by the Secretary or his delegate not to be discriminatory...shareholders, persons whose principal duties consist of supervising the work of other employees, or highly compensated employees, and (ill) such benefits...

...and employees whose customary employment is for not more than five months in any calendar year, or * case ohF Commissioner not to be discriminatory in favor of employees who are officers, shareholders, persons...

...treated as failing to meet the requirements of this subsection unless the plan is available to a group of employees as qualify under a classification set up by the employer and which the Secretary find not to be discriminatory in favor of highly compensated employees. (2) Key...

...employed not more than a minimum period prescribed by the trust, not to exceed 5 years, or ( subpnragraph (B)) such employees as qualify under a classification set up by the employer and found by the Commissioner not to be discriminatory in favor of officers, shareholders, supervisory or highly compensated...

...employed not more than a minimum period prescribed by the trust, not to exceed 5 years, or (subparagraph (B)) such employees as qualify under a classification set up by the employer and found by the Commissioner not to be discriminatory in favor of officers, shareholders, supervisory or highly compensated...

...suggestions, however, we would prefer the first. (2) Section l«5 (a) (3) (B) requires that a plan qualify under a classification set up by the employer and found by the Commissioner not to be discriminatory in favor of employees who are officers, shareholders, persons...

...two suggestions, however, wewould prefer the first. (2) Section 165 (a) (3) (B) requires that a plan qualify under a classification set up by the employer and found by the Commissioner not to be discriminatory in favor of employees who are officers, shareholders, persons...

...and employees whose customary employment is for not more than five months in any calendar year, or (B) such employees as qualify under a classification set up by the employer and found by the Commissioner not to be discriminatory in favor of employees who are officers, shareholders, persons...