Jump to content

Recommended Posts

Posted

When restating a M&P plan that has break-in-service rules elected in it, for example for vesting - must I carry those over onto the new document? My concern is that I know that the recordkeeper relies on our TPA firm to provide vesting information and there is no way for us to be able to have the recordkeeper correctly administer a participant account where the pre-break vesting % is different than the post-break vesting. Can I just eliminate the BIS rules to make the recordkeeping for rehired employees easier?

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use