cpc0506 Posted June 1, 2017 Posted June 1, 2017 A client offered a Simple IRA to his employees. Now he is offering a regular 401k plan. I know that there are specific distribution rules for Simples, but if the participant has met the 2 year participation requirement and decides to roll his money to the 401k plan, are these assets considered related or unrelated rollover funds?
ETA Consulting LLC Posted June 2, 2017 Posted June 2, 2017 SIMPLE IRA accounts are not included in Top Heavy determinations. Good Luck! CPC, QPA, QKA, TGPC, ERPA
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