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Subject:  Re: Corp. Split - What happens to the 401K Plan? Date:  8/6/1999  3:49 PM
Author:  RobinB Number:  12911 of 88542

It's also possible that the old plan is being terminated. But, if this is the case before the assets can be transferred to new custodians, the company has to have a termination letter from the IRS. This takes forever and ever and ever. But, once the company has it they can dissolve the plan.

Good Luck
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