Guest biener Posted July 17, 2014 Report Share Posted July 17, 2014 Small business with 10 participants in a MPP, 7 highly compensated persons hitting the 52k mark. Want to terminate the MPP and start a new 401k using another low cost provider (currently using bank for MPP with high fees). We DO NOT want to convert to a 401k but rather terminate the MPP and start new 401k on 1/1/15. Question: Can some persons still keep money in the MPP or do you HAVE to roll it over into an IRA or the new 401k? Thanks in advance. Link to comment Share on other sites More sharing options...
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