dmb
Feb 26 2001, 01:18 PM
An employer has a Defined Benefit Plan and a Profit Sharing Plan. Both plans effective 1/1/97. The DB plan excludes service prior to the effective date for vesting service. The Profit Sharing includes all service. Is this allowed?? If not, I assume i would have to count all service in the DB plan.
rcline46
Feb 26 2001, 01:48 PM
As long as there was no predecessor plan, it is ok to have different vesting years definitions in different plans of the same employer.