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Revenue Ruling 2008-45 Says Company Cannot Transfer Frozen Defined Benefit Pension Plan to Independent Investment Firm
Jim Hamilton's World of Securities Regulation Link to more items from this source
[Guidance Overview]
Sept. 7, 2008

Excerpt: Treasury and the Internal Revenue Service have issued Revenue Ruling 2008-45 stating that a transfer of sponsorship of a company's frozen tax-qualified pension plan to an unrelated taxpayer, such as an investment firm, violates the exclusive benefit rule of Internal Revenue Code Section 401(a) when the transfer is not connected with a transfer of significant business assets.  MORE >>

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