?pensionguy
Feb 3 2004, 04:03 PM
Employer has an exsisting 401(k) Plan last deposit 1/08/04 for 12/31/03 employee contributions! They would like to terminate 401 (k) and start Simple plan it seems that on many points they can not do this am i correct?
Gary Lesser
Feb 17 2004, 08:43 PM
You are correct (to avoid many problems and issues).