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Transferring entire 401k plan

by taxnutt7, Window Shopper

  • Created: August 26, 2009, 4:12 pm
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2 comments

How often annually may a company transfer its 401k plan to a new plan/broker? 

 

What are the rules/regulations governing transfer of a 401k plan to a new plan/broker?

 

 

Tags: Discuss Popular Topics, Filing and Paying Taxes
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phanio | Contributor | 8/28/2009 - 9:29 am

Given that most documents are written to protect the employer - they probably can do so as many times as they see fit.
Professional Web Site: http://www.businessmoneytoday.com/

jbeidle | Contributor | 8/26/2009 - 9:23 pm

401k plans are set up by the company not a broker. The plan documents are the source to check and they must comply with internal revenue code. Check the plan documents. Hope this helps.
Professional Web Site: http://TaxPanningStL.com