Jump to content

415(m) balances when entity changes from governmental entity to 501(c)(3)


Guest Wahoo77
 Share

Recommended Posts

Guest Wahoo77

We have a corporate entity that is an instrumentality of a state government. The entity plans to "spin off" and become a stand alone 501©(3) entity; no longer an instrumentality of the state. What happens to the vested interests in the 415(m) qualified governmental excess benefit arrangement under its 401(a) plan? What happens to the excess benefit arrangement? We plan to put a 457(b) in place,but we can't rollover from the 415(m) arrangement into the 457(b) plan, can we?

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...