Distribution from DB Plan

I have a DB plan I have funded for 3 years.  I want to continue to fund it, but maybe not at the same levels.  Can I?

Also, another option I am looking at if permissible is whether I could stop the funding of the plan now, or does that cause any inherent problems?

Finally, can I at this time rollover all or part of the funds in the DB plan to an IRA or 401(k) plan.

Thanks very much to this community.

You should look to your actuary for guidance.

The answer to most of your questions is "maybe".

As Mike suggests you should discuss the options for the Plan's funding and possible in-service distribution options with your Plan's actuary who should have far more details than we would on this board.

Unless you don't have an actuary, of course.

3 hours ago, imchipbrown said:

Unless you don't have an actuary, of course.

 

I agree... but... how do you have a DB plan for 3 years without an actuary...

One participant Owner-Employee under $250k "retains Schedule SB info" but doesn't file.  Collective Hmmmm.

Really Chip, what are you trying to say?  Just because you don't have to file doesn't mean they don't need an actuary.  You still must have a signed SB on file.

My spidey-sense suggests there may be relevant facts not yet presented.

39 minutes ago, david rigby said:

My spidey-sense suggests there may be relevant facts not yet presented.

'Ya think?

6 hours ago, Effen said:

Really Chip, what are you trying to say?  Just because you don't have to file doesn't mean they don't need an actuary.  You still must have a signed SB on file.

 

Must have or are supposed to have?

Is there an effective difference?