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PPA Expands Distribution and Withdrawal Rights for Non-Spouse Beneficiaries
McDermott Will & Emery 
July 2, 2007
Excerpt: The Pension Protection Act of 2006 (PPA), enacted into law on August 17, 2006, contains provisions that are beneficial to a countless number of employees who choose to name a beneficiary of their retirement plan to a person who is not deemed a spouse of the employee. The two main provisions of the PPA assisting such employees are Section 826 regarding hardship withdrawals and Section 829 regarding account balance rollovers for non-spouse beneficiaries.
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