KevinMc Posted October 21, 2009 Posted October 21, 2009 A participant in a profit sharing plan cannot be located and the trustee has contacted the social security admin. to no avail. How much time is required to pass before the participant's account is forfeited assuming that is an option? Any help is appreciated.
masteff Posted October 21, 2009 Posted October 21, 2009 Have you tried the IRS's mail-forwarding service? http://www.irs.gov/retirement/article/0,,id=110106,00.html Kurt Vonnegut: 'To be is to do'-Socrates 'To do is to be'-Jean-Paul Sartre 'Do be do be do'-Frank Sinatra
david rigby Posted October 21, 2009 Posted October 21, 2009 Try the Search feature for previous discussion threads on this topic. A good search term might be "missing participant" or "lost participant". I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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