Guest BPension Posted March 10, 2009 Posted March 10, 2009 Can you terminate a profit sharing plan that is under DOL audit? If it is under IRS audit you need a no change letter, and then the plan can be terminated. What about a DOL audit? Please let me know where I can access further information on this topic.
Bill Presson Posted March 10, 2009 Posted March 10, 2009 Can you terminate a profit sharing plan that is under DOL audit? If it is under IRS audit you need a no change letter, and then the plan can be terminated. What about a DOL audit?Please let me know where I can access further information on this topic. I would guess you need the cooperation of the DOL investigator. That's who you should call. William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
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