Message Boards Digest

April 20, 2022

Here are the most recently added topics on the BenefitsLink Message Boards:

metsfan026 created a topic in 401(k) Plans

Statements Required for Terminated Unvested Participants?

"I have a client who doesn't want to provide statements for terminated participants who are 0% vested but have not yet been out 5 years. Hence the money in their accounts has not yet been forfeited (it's all profit sharing money). Is there something in the regs that requires statements be sent to these participants? Can someone point me to it so I can provide it to the client?"

8 replies so far   |    Click Here to Add a Reply

Egold created a topic in Retirement Plans in General

Avoid Two Restatements by Merging Money Purchase Plan Into Profit Sharing Plan?

"Can a money purchase plan be merged with a profit sharing plan before 7/31/22, so that only one plan document must be amended for Cycle 3 restatement?"

6 replies so far   |    Click Here to Add a Reply

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