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Termination of NQ PLan and Vesting


Guest PALAWYER

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Guest PALAWYER

The IRC requires full vesting upon termination of a qualfied plan...must you grant full vesting on termination of a non-qualfied plan?

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I agree with Harry O except that most deferred comp plans i've seen do not require full vesting on termination. Even if the plan did not require vesting on termination, the employer could always so provide at the time the plan is terminated. Good luck.

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