Guest TPA Guy Posted April 21, 2006 Posted April 21, 2006 Is it OK to take the distribution fee from the participants acocunt before paying them out or is that an expense the Plan should have to pay? Does anyone else do this?
ERISAnut Posted April 26, 2006 Posted April 26, 2006 You would NEVER do this in a DB plan. That's a given. As for a DC plan, it "may not" be considered unreasonable to charge distribution fee to the participant receiving the check.
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