Yours, Mine, or Ours? When Retirement Plans Split Up

Plan mergers and spin-offs are common prequels or sequels to corporate transactions. The mechanics of combining plans, splitting them, or transferring assets and liabilities between plans are wrought with complications. How to handle plan loans? Is the investment line-up changing? What about the treatment of employer securities? Will a blackout notice be required? Learn more about what you know and may not already know.

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Practical Guidance Updates 
Featuring the latest updates from your Practical Guidance account.     

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  • Retirement Plans. IRS releases a list of changes to the requirements for pre-approved plan providers applying for opinion letters for the fourth remedial amendment cycle. Notice 2024-3.
  • Retirement Plans. IRS releases guidance on certain provisions of the SECURE 2.0 Act. Notice 2024-02.

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