PensionPrisoner

Perfect. Thank you!! That’s exactly what I was looking for.

Thank you both for your input. There was no problem, I issued the check as requested. I've always had the understanding the FBO was indeed required, but after 24 years in Pension Administration I find I know very little...so I was just curious as to other professionals' opinion.

Hello Pension Gurus, Is it required that a direct rollover check from a 401k to an IRA have the verbiage "FBO Participant Name" in the Payable To? The receiving IRA Custodian has asked us to take the "FBO" off the check. Just to note: This is a direct rollover via participant distribution request, not a trustee to trustee transfer.