revert 401k plan to a simple IRA Plan
Our company changed from a simple IRA Plan to a 401k. We would like to revert back to a simple IRA Plan. Can this be done? We are in the 401k plan less than a year.
|
Read More Answered By: Scott R. Jay |
Re: revert 401k plan to a simple IRA Plan NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
You would need to consult with either a tax attorney or a qualified CPA. He or she would have to review your plan and then provide you with an answer.
Scott R. Jay, Esq. |
Miami, FL
Questions Answered: 4031
Last Question Aswered on: 2012-04-19
Closter, NJ
Questions Answered: 1320
Last Question Aswered on: 2012-05-22
Hollywood, FL
Questions Answered: 582
Last Question Aswered on: 2010-12-02
Miami, FL
Questions Answered: 495
Last Question Aswered on: 2008-07-02
Boca Raton, FL
Questions Answered: 397
Last Question Aswered on: 2012-04-30
Wellington, FL
Questions Answered: 197
Last Question Aswered on: 2007-05-07
Washington, DC
Questions Answered: 155
Last Question Aswered on: 2012-04-18
Coral Gables, FL
Questions Answered: 101
Last Question Aswered on: 2007-11-08
Leesburg, VA
Questions Answered: 95
Last Question Aswered on: 2009-08-20
Tampa, FL
Questions Answered: 48
Last Question Aswered on: 2007-09-20
► Salary-vacation I was off work 7 days for surgery and when I return the company...
► Car accident I gave my car to a friend.Somebody hit the car from back side(no my...
► Laws for mobile home parks I purchased a mobile home in a mobile home park. The...
► Oral contracts What are the basics of an oral conract
► Mobile home evictions I own a mobile home in a mobile home park in Polk County, FL....
► Dismissal due to multiple illness I am about to get fired do to multiple illnesses...
► Neighborhood Covenant Assessed Fees My neighborhood covenant committee sent me a...
More Administrative Law questions and answers in Florida| Bill of Sale | Living Will |
| Contracts | Notices |
| Divorce | Power of Attorney |
| Employment | Quitclaim Deeds |
| Landlord & Tenant | Real Estate |
| Leases & Rentals | Sales and Purchases |
| Letters | Wills |
| Living Trusts | More... |
© WebsiteBroker, Inc.
LawGuru.com | Advertise on LawGuru | Affiliate Program | Privacy | About Us | Press
