safe harbor 401k rules for 2000

[Guest rhp]

IRS Notice 2000-3 [Q-A 11] permits an existing profit sharing or pre ERISA money purchase pension plan to be amended to add safe harbor 401k provisions. Any thoughts on whether an existing money purchase pension plan can be restated as a safe harbor 401k under that question or under the law in general? I understand that the 204h notice must be given and any required funding be made.

[Guest KB]

I haven't read the new Notice yet, but my answer to your question would be NO since cash or deferred arrangements generally can only be part of a profit sharing, stock bnus OR pre-ERISA money purchase plan. That would be the only reason the new Notice mentions money purchase plans at all.