Jump to content

Termination of NQ PLan and Vesting


Guest PALAWYER

Recommended Posts

Guest PALAWYER
Posted

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

Guest Harry O
Posted

Not unless the terms of the plan require it . . . which typically they do . . .

Posted

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.

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

Terms of Use