After freezing 403b can employees move assets to 401k?

[Guest kbett]

Can participants move their assets to 401K -- in the event of frozen 403b plan?

[TLGeer]

Can participants move their assets to 401K -- in the event of frozen 403b plan?

How is the 403(b) funded? Why have they opted to move to a 401(k)? I don't generally vies that as a good idea.

Tom Geer

[Guest kbett]

Funded through participant contribution and employer match -- why don't you think it's a good idea? The new 401k will be under safe harbor

[Guest BobK]

In order to move the assets out of the 403(b) arrangement, there would have to be a distributable event (such as termination of employment, attaining age 59 1/2, etc). Freezing the arrangement is not a distributable event.