BenefitsLink logo
EmployeeBenefitsJobs logo
  
  

Search the News


Featured Jobs
Retirement Plan Services Associate
ESOP Administrator
401(k) Administrator
Conversion Specialist
DC Valuations Specialist
Retirement Plan Implementation Data Specialist
Loan & Distribution Specialists
Sr. Employer Benefits Financial Analyst
Area President / Branch Manager
Senior Counsel
Retirement Account Administrator
Search all jobs
 
Get the BenefitsLink app for iPhone and iPad LinkedIn
Twitter
Facebook

Jump to content


Photo

NRA rules for pension plans


  • Please log in to reply
1 reply to this topic

#1 jkharvey

jkharvey

    Registered User

  • Registered
  • 335 posts

Posted 03 December 2007 - 12:44 PM

I have several 401k plans where the assets of the employer's old MPPP have been merged into them. How do the 5/22/2007 regulations regarding lowered permitted NRA impact these plans?

Edited by jkharvey, 04 December 2007 - 09:39 AM.


#2 Jim Chad

Jim Chad

    Registered User

  • Registered
  • 1,023 posts

Posted 03 December 2007 - 02:32 PM

I understand that a MPP was terminated. Were the Participants allowed to roll their money any where they wanted and even take it in cash? This would allow J & S to be eliminated.

If the Plan was truly merged into the 401(k) with no other options given, then, I thought, J & S went on forever for that money source.

How was the termination of the MPP handled?