Guest Sara H Posted June 14, 2001 Posted June 14, 2001 A former employee of one of our clients has passed away. His spouse is his primary beneficiary. This plan is subject to the QJSA rules & they never filled out a waiver. The spouse would like to receive her distribution as a lump sum rather than as an annuity. As the spouse, is she allowed to make this choice after her husband's death?
Everett Moreland Posted June 14, 2001 Posted June 14, 2001 A plan can allow a surviving spouse to elect a lump sum. Whether the plan in question allows a surviving spouse to elect a lump sum depends on the terms of the plan document.
Recommended Posts
Archived
This topic is now archived and is closed to further replies.