Guest Posted September 7, 2000 Posted September 7, 2000 We have been retained by a client to obtain an approval letter on a pre-GUST nonstandardized 401(k) profit sharing plan. The document was executed 4/96 through another TPA and never filed. The company is being sold and the purchaser wants a letter and cannot wait for our restated Cobel prototype. Will the IRS issue a pre-GUST letter? Can we attach GUST "clip on" amendments that we have been using for terminating plans? Any ideas?
Guest Posted September 21, 2000 Posted September 21, 2000 Does anyone have a name and # of someone at the IRS that could help?
Guest PAUL DUGAN Posted September 22, 2000 Posted September 22, 2000 I would sugest a provider other than Corbel who has an approved Volume Submitter GUST Document. The new owner probably would not be happy with a pre GUST letter. We have recieved a number of GUST approvals including 2 with GUST 2 approvals. We use AccuDraft. There site is AccuDraft.com
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