Tax Facts

3981 / What is a “disqualified person” for purposes of the prohibited transaction rules?

A disqualified person is:

(1)  a fiduciary (see Q 3982);

(2)  a person providing services to the plan;

(3)  an employer or employee organization, any of whose employees or members are covered by the plan;

Tax Facts Premium Tools
Calculators
100+ calculators specifically designed to help you easily assist clients with specific planning situations and calculations.
Practice Guidance
Designed to help you discover new ways for which to build and maintain client relationships.
Concepts Illustrated
Specifically designed to help you easily assist clients with specific planning situations and calculations.
Tax Facts Archives
Access to the entire library of Tax Facts dating back to 2012 allowing you to look up the exact tax figures from prior years.