Rollovers to a profit sharing plan that does not allow rollovers

By Guest Pat Metallic
July 5, 2000 in Retirement Plans in General

https://benefitslink.com/boards/topic/494-rollovers-to-a-profit-sharing-plan-that-does-not-allow-rollovers/

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Guest Pat Metallic

Posted July 5, 2000

The plan does not allow rollovers from other qualified plans. Several years ago a participant was allowed a rollover into this plan. What remedies (i.e. amending the plan to allow rollovers) are recommended and what consequences are there for this plan?

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https://benefitslink.com/boards/topic/494-rollovers-to-a-profit-sharing-plan-that-does-not-allow-rollovers/

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Rollovers to a profit sharing plan that does not allow rollovers

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