Merger of a Money Purchase Plan with a Safe Harbor 401(k) Profit Shari

[Guest EPC]

A broker that I work with on a regular basis has called to ask whether or not he can merge the assets of a "frozen" Money Purchase Plan with those of a Safe Harbor 401(k) Profit Sharing Plan. I realize that the QJSA rules would follow the MPP assets and that an "active" Money Purchase Plan cannot have a cash or deferred feature. Can anyone think of why these two plans cannot be merged into one trust as well as under one document?:confused:

[KJohnson]

I hope not because I am doing it.

You also need to watch for any "in-service" distribution options that cannot apply to the MPP assets.

Also search this message board regarding the IRS's view that the GUST restatement must provide all GUST required information with retroactive dates for both Plans in the merged document.