Regulation for restricting distributions until termination or 59 1/2

[Guest ckreut]

Can someone give me the regulation or code that restricts distributions until separation from service or age 59 1/2 for defined contribution plans like a money purchase plan?

[Belgarath]

I'm not entirely sure what you are asking - you may be rolling a couple of different questions into one here.

The basic restrictions for a PENSION plan - that is, no distribution allowed until retirement, termination of employment, disability, death are in 1.401-1(b)(1)(i). For plan termination, see 401(a)(20). If you are talking about premature distribution penalties for a distribution prior to age 59-1/2, with some exceptions, see 72(t).

That should get you started.

[Blinky the 3-eyed Fish]

Of course you may be talking about the restriction on in-service 401(k) deferrals. 1.401(k)-1(d)(1) in older regs.