Moe Howard Posted December 17, 2002 Posted December 17, 2002 I know that a MPPP can be merged into an existing PSP ..... but can a MPPP be merged into an existing SEP ? If yes .... then is there anything that I need to be careful of, or is such a merger performed the same as meger into a PSP ?
mbozek Posted December 17, 2002 Posted December 17, 2002 No- a SEP is not a qualified plan. The MP plan can be terminated and the proceeds rolled over to an IRA which is part of a SEP. mjb
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