Guest HD WILLIAMS Posted November 24, 1998 Share Posted November 24, 1998 Can a non-profit org. convert a MPP to a 403(B) plan? If so or if not, can you please cite a reference? Thanks! Link to comment Share on other sites More sharing options...
Guest CVCalhoun Posted November 30, 1998 Share Posted November 30, 1998 I'd say it depends on the MPP. If the MPP was a 401(a) plan, I cannot see how money could be transferred from a 401(a) plan to a 403(B) plan. (You can click here to see an article which describes the current law restrictions on transfers between 401(a) and 403(B) plans.) However, I have seen an occasional MPP which is structured as a 403(B) plan, in which case converting it into a different type of 403(B) plan should not be a problem. Link to comment Share on other sites More sharing options...
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