Guest Midas Posted April 20, 2005 Posted April 20, 2005 If you have new startup plan and you select the force-out threshold to be $1000, will this automatically eliminate any need for automatic rollover amendment? Or does there need to be some sort of formal election?
austin3515 Posted April 20, 2005 Posted April 20, 2005 No formal election. Those rules can be avoided by design. Make sure elect NOT to disregard rollovers in determining the cash-out provisions. Austin Powers, CPA, QPA, ERPA
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now