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10.07: Increasing the TDP deduction
10.07: Increasing the TDP deduction
Your employees may permanently increase the deduction amount on an existing tax-deferred payment (TDP) agreement by completing and submitting a Supplemental TDP Agreement (R0654C) form. Once the deduction has been increased, the new deduction amount is binding and irrevocable, and cannot be decreased.
Last updated: 04/13/2012