Guest ars Posted February 2, 2000 Report Share Posted February 2, 2000 I am reltivly ignorant on this subject matter so any help is appreciated. Currently my client has a 401(k) plan, it was part of a control group but due to change in ownership it must now be split into 3 seperate plans. The 3 new organizations would have less than 100 employees in each. Can the 401(k) be terminated and then a SIMPLE IRA be setup? Does this seem ideal or is there anything else I should be considering. I understand the setup of a SIMPLE IRA but am interested in other peoples experience with possible regularoty issues and conversion experience. Thanks.. Link to comment Share on other sites More sharing options...
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