Jim Chad Posted November 30, 2007 Posted November 30, 2007 I have a Money Purchase Pension being audited. Because of different eligibility rules, this employer has kept this along with the 401(k) Plan. To get a better fee structure, this was set up at John Hancock as combined account with seperate recordkeeping. The IRS auditor would be more comfortable if there was a statement that said Money Purchase Pension and did not have deferral and SHNEC contributions listed. So far he hasn't pushed the issue. But I am wondering: does anyone have any experience with this? Does anyone have any thoughts about it?
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