Money Purchase restated to a Profit Sharing Plan. Do I need to get a

[Sully]

Client restates their only plan, the 'XYZ Money Purchase Pension Plan', to the 'XYZ Profit Sharing Plan'.

The trust and the trust ID number for the money purchase plan are under the name 'XYZ Money Purchase Plan'. We want to retitle the assets to the name of the Profit Sharing Plan. Can we continue to use the original trust ID number or do we have to apply for a new number under the name of the profit sharing plan? Is it possible to have the IRS change the name they have associated with the original trust ID number?

In the future we will be using 'XYZ Retirement Trust' as the trust name on all of our plans.

[Guest pineapple]

I'll check on the trust id question and get back to you. But as far as using a generic name for all your future trusts (i.e., XYZ Retirement Trust), what about those clients with more than one plan? It could create confusion down the road.