Taking care of orphans – How to deal with a 401(k) orphan plan
$225.00
Description
Abstract: An orphan plan is a plan that no longer has a plan sponsor. The plan may run afoul of both the Internal Revenue Code (IRC) and ERISA. The IRC includes qualification requirements relating to a plan’s tax-favored status. When a plan is no longer sponsored by an employer, it may no longer comply with IRC requirements and may lose its qualified status. This article reviews what happens to orphan plans.
Additional information
| Year | |
|---|---|
| Niche | |
| Newsletter | |
| Issue | |
| Word Count |