It is my understanding that generally fees can't be charged for a distribution to a terminated participant. The investment company charges a check fee on all distributions from the plan. This raises 2 questions:
1. Is there a problem with the check fee? I don't think there is, but I could be wrong.
2. The investment company summarizes the distribution on the check stub. Recently the company has relabled the "check fee" as "administrative fee". I definitely do not like the new wording, but maybe its nothing. Should I be concerned?