BenefitsLink logo
EmployeeBenefitsJobs logo
Get the BenefitsLink app for iPhone and iPad LinkedIn
Twitter
Facebook
Search the News


Featured Jobs
Qualified Retirement Plan Administrator
ESOP Administrator
Retirement Plan Administrator
Compliance Manager
Retirement Plan Administrator
Account Manager
Conversion Manager
Retirement Plan Field Representative
Search all jobs
 

 
 
 

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
  • 317 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 Guest_named_Jim Chad_*

Guest_named_Jim Chad_*
  • Unregistered (or Not Logged In)

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?