Inservice withdrawal limit?

[jane123]

Can an inservice withdrawal be a total distribution? or is there a limit on the amount that can be taked?

Thanks

Jane

[four01kman]

Hi Jane,

So long as the plan allows for in-service distributions, it is possible the amount withdrawn is 100% of the vested account balance of the participant. I'm particularly thinking of allowable withdrawals after age 59 1/2.

[jaemmons]

I hate to use an industry cliche' but what does the document say?

The plan document will dictate what portion of an employee's account balance is eligible for in-service withdrawal.