Guest ERead Posted September 3, 1998 Posted September 3, 1998 Okay - so - I have a potential client. They have subsidiary corporations, and the two subs are going to merge into one new plan under the parent corp. The problem is, one of the subs maintains an ESOP (posibly a KSOP), the other a 401(k). One of the plans is currently in VCR. My problem is - I don't want the new plan to carry-over any defects that maybe found while in VCR. Question is - if something is found and corrected in VCR - what will that do to the merged plans? Rather than merging - should we term and distribute with mandatory rollover to the new plan? Any suggestions or war stories would be helpful. Thanks
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