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Plan has both grandfathered and non-grandfathered amounts. Could I "terminate" the grandfathered portion pursuant to the transition rule and pay only that portion out by the end of 12/31/05 and pay only that portion out? If no, what about bifurcating the plan into 2 plans - grandfathered and non-grandfathered amounts and terminating the "grandfathered" plan. Does that work?

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