Jump to content

Disparate treatment of a rollover into a qualified plan


Guest ksmith
 Share

Recommended Posts

Guest ksmith

I joined an institution that had a qualified plan where shares of stock were granted to plan participants on a yearly basis. I requested a rollover into the plan which was granted, but was later rescinded as "the dollars that I was requesting to rolled over into the plan would bump others who had waited throughout the plan year."

I was offered a verbal option which ultimately I took as I thought I had no other option. One year later the company was sold and the stock sold for considerable more. I believe that the trustees of the plan acted irresponsibly and believe that I have a right to the stock as I had and originally directed the rollover.

Please advise.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • Create New...