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Partial withdrawals in excess of RMD


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A 401(k) plan with a Relius document allows "partial withdrawals in excess of the required minimum distribution."  A retired participant took her RMD in February, plus an additional partial withdrawal of $2k.  Now she wants another partial withdrawal.  Can the document language be interpreted as allowing multiple partial withdrawals in the same year that are not distributed at the same time as the RMD payment?

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The guidance I received from FIS / Relius is that there are no restrictions on the number of distributions per year. The participant can take as much as she wants and as frequently as she wants.

 

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