I've encountered the term 'legacy account' and I'm not quite sure what it refers to. Could someone please explain to me what a legacy account means?
5 answers
Silvia
Sat Dec 28 2024
The Restatement Effective Date marks a significant point in time, serving as a reference for when certain changes or updates were made to the plan.
TaegeukChampion
Sat Dec 28 2024
At the Merger Effective Time, the Legacy Account was integrated into the current Plan.
SsamziegangSerenadeMelodyHarmony
Sat Dec 28 2024
A Legacy Account refers to a specific type of account that was previously managed under a Legacy Plan.
Lucia
Sat Dec 28 2024
The Merger Effective Time is another crucial point in time, indicating when the Legacy Account was merged with the existing plan.
Chiara
Sat Dec 28 2024
This account was held on behalf of an individual who was a participant in the Legacy Plan at some point before the Restatement Effective Date.