Enda80
Jan 14 2009, 06:55 PM
When would a retirement plan not need to amend for 401(a)(31)? Does it refer to involuntary distributions?
Sieve
Jan 14 2009, 07:16 PM
An amendment for IRC Section 401(a)(31)(A) (then simply 401(a)(31)) was required of all plans about 15 years ago. On the other hand, an amendment for 401(a)(31)(B)--generally required in 2005 or 2006--is not necessary for plans that do not provide for involuntary distributions for small amounts. (See IRC Section 401(a)(31)(B)(ii).)