Randy Watson Posted April 8, 2008 Posted April 8, 2008 If a money purchase plan was merged into a profit sharing plan, do the money purchase assets have to comply with the "new normal retirement age" rules?
Blinky the 3-eyed Fish Posted April 10, 2008 Posted April 10, 2008 Merging preserves the distribution restrictions of the MP dollars, so yes. "What's in the big salad?" "Big lettuce, big carrots, tomatoes like volleyballs."
Randy Watson Posted April 15, 2008 Author Posted April 15, 2008 Merging preserves the distribution restrictions of the MP dollars, so yes. Did the IRS address this? It seems like they should have at least acnknowledged that the rules would apply to these assets in light of the many MPP to PS mergers that took place after EGTRRA.
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