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Showing content with the highest reputation on 12/13/2019 in all forums
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Based on what you have outlined above, it is illegal. The key here is the fact that the employer offers a group health plan. Option could be to up their compensation.2 points
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Partial plan term for participating ER?
justanotheradmin reacted to Luke Bailey for a topic
OK. I could be wrong, but I think under current law and regs you are stuck (i.e., can't distribute) unless you go through the steps of a spinoff termination. If you don't go that route, then hopefully the plan has language that would treat an employee's termination of employment with the former sponsor as a distributable event even after it's withdrawn.1 point -
Changing Retirement Plan to a Safe Harbor Plan
David Schultz reacted to Larry Starr for a topic
1 point
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