money purchase assets rolled into an existing profit sharing plan

[Guest Donna Neuhauser]

When mp assets are rolled into an existing profit sharing plan, do the assets assume the characteristics of the psp?; as an example, no annuities option?

[Mike Preston]

Yes, if rolled. No, if transferred or merged.

[david rigby]

Succinct. Agreed.

[chris]

See Rev. Ruls. 94-76 and 2002-42.