MarZDoates

Does this mean that the "letter of intent to adopt volume submitter document" does not need to be signed before February 28, 2002?:confused:

I have a Money Purchase Plan and a Profit Sharing Plan. With the new EGTRRA maximums in the Profit Sharing Plan in 2002, we want to dump the Money Purchase Plan. Is it better to merge the two plans or terminate the Money Purchase and roll proceeds to the Profit Sharing? If merging is the better way to go, what steps do I need to take? (i.e. notification to employees, amendment, final 5500 etc.)I have been unable to find clear instructions on merging in my research. Thank you.