KJohnson Posted March 14, 2001 Report Share Posted March 14, 2001 A sole proprietorship wants to incorporate mid-year and continue to maintain its SIMPLE plan. In other qualified plans I simply have the corporation adopt the sole proprietorship's plan. However, is there a a "successor plan" issue under Notice 97-6 in having the corporation adopt the SIMPLE mid-year as opposed to January 1? Link to comment Share on other sites More sharing options...
KJohnson Posted March 26, 2001 Author Report Share Posted March 26, 2001 Any thoughts on this? Can a corporation adopt a predecessor sole proprietorship's SIMPLE mid-year without running afoul of the "full year" rule regarding SIMPLE Plans in 97-6? Link to comment Share on other sites More sharing options...
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