Successor Plan Rules

[sdix401k]

Hello,

 

I am almost 100% positive- but please confirm that a Profit Sharing Plan only is not subject to successor plan rules as there are not 401k and or other qualified contributions in the plan?

 

Thanks!!

[Larry Starr]

You are correct; the limitation only involved 401(k) plans; specifically dealing with distributions of funds that are subject to the 59 1/2 restriction.

Take a look here; lots of answers: http://lmgtfy.com/?q=successor+plan+rules

[sdix401k]

Thanks.  Oh I googled. Found reference to a 401k but not only a 401k.  But given purpose of the rule that is what I concluded.