Guest markh1 Posted November 30, 2001 Posted November 30, 2001 Company A acquires company B in june of 99'. Company B's employees can't contribute to Company A's 401k plan. Company B employees must contribute to the existing plan. My question is why can't Company B's employees contribute to Company A's 401k plan? Are there Govt. Regulations preventing company B employee from contributing to company A's plan? I'm a company B employee and my company is telling me I can't contribute to the plan offered to new employees due to govt. regulations and that the company is in the process of merging the two plans. Should it take over two years to merge the plans?
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