In-Plan Roth Conversion of merged MPP assets

[Guest LF62]

Hello all - I can't find any guidance on this issue so I am hoping there is someone out there familiar with it. It is clear that in a straight money purchase pension plan, you cannot adopt the in-plan Roth conversion feature. What is not so clear to me is that if your existing profit sharing/401(k) plan contains assets that were merged from a prior money purchase pension plan that was maintained by the employer, and you have the in-plan Roth conversion feature in your K plan, whether the conversion could include the merged MPP assets.

All I could find on this topic was some mention of the fact that spousal consent is not required for the conversion, but I could not verify whether those merged MPP assets could even be included in the conversion.

Thank you so much for any assistance you can provide.

[rcline46]

The MPPP funds contain ALL of the restrictions of the MPPP for distributions that existed before the merger. THis is required, so you need to know the pre-merger restrictions to find your answer.