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NRA rules for pension plans


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1 reply to this topic

#1 jkharvey

jkharvey

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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 Guest_named_Jim Chad_*

Guest_named_Jim Chad_*
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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?