HafnerN1 Posted February 9, 2017 Report Share Posted February 9, 2017 We have some unresponsive SIMPLE IRA participants who are terminated with their employer. Is it possible to do some kind of "force-out" distribution similar to 401(k) accounts under $5000? I am struggling to find specific information about this process. Thanks! Link to comment Share on other sites More sharing options...
ETA Consulting LLC Posted February 10, 2017 Report Share Posted February 10, 2017 You're struggling to find force-out provisions for SIMPLE IRAs when there aren't any. The Participant is in control of the IRA account when it comes to timing of withdrawals. Good Luck! HafnerN1 1 CPC, QPA, QKA, TGPC, ERPA Link to comment Share on other sites More sharing options...
HafnerN1 Posted February 10, 2017 Author Report Share Posted February 10, 2017 Thanks ETA, that's what I wanted to know. Link to comment Share on other sites More sharing options...
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