austin3515 Posted September 14, 2006 Posted September 14, 2006 Do we know yet whether the ability to send balances of "lost participants" in termed dc plans will only be available to Plans terminating after a specific date? Or will the opportunity be available for all terminated plans, even if terminated in the past (or near future)? Austin Powers, CPA, QPA, ERPA
Bird Posted September 14, 2006 Posted September 14, 2006 The bill says "...shall apply to distributions made after final regulations...are prescribed." So the good news appears to be that the plan term. date doesn't matter, the bad news...is obvious. Ed Snyder
austin3515 Posted September 15, 2006 Author Posted September 15, 2006 I guess it could be a year or two, huh? Austin Powers, CPA, QPA, ERPA
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