Jump to content

Recommended Posts

Posted

A participant in a DC(money purchase) plan was terminated from employment and wishes to rollover into an IRA. He provided us with a divorce decree and mediated settlement agreement which states that should either party die, the child shall be the beneficiary of the husband's pension fund.

Can the fund allow the participant to roll the money in his account over to an IRA or must something be done to protect the child's interest?

Any assistance would be appreciated.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use