Guest HFOSTER Posted November 13, 2002 Share Posted November 13, 2002 I have 2 companies each with their own 401(k) plan that are a considered to be part of a controlled group of corps. One company in the group has had a significant reduction in force. Do the participants in that compnaies 401(k) plan need to be fully vested even if the controlled group of corporations when combined do NOT have a significant reduction in force? Link to comment Share on other sites More sharing options...
david rigby Posted November 13, 2002 Share Posted November 13, 2002 I asked a similar question previously: http://benefitslink.com/boards/index.php?showtopic=16238 I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice. Link to comment Share on other sites More sharing options...
Guest HFOSTER Posted November 13, 2002 Share Posted November 13, 2002 so it is a plan basis - that is not the answer I was hoping for - but thanks anyway! Link to comment Share on other sites More sharing options...
david rigby Posted November 13, 2002 Share Posted November 13, 2002 Don't forget that a partial termination has only one impact: award 100% vesting to affected participants. Those not in the RIF would not be affected. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice. Link to comment Share on other sites More sharing options...
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