Distribution form

[Guest stevena1]

We do require it on our forms, but is there any legal requirement that a plan sponsor sign a participant termination distribution form?

We are working on trying to streamline the process and other fund groups seem to be moving toward electronic and not requiring plan sponsor signature, so just wondering. One fund group actually has phone distributions, so we are thinking that there must not be an actual requirement for this signature?

[Beemer]

I don't believe that it is required. We have some that were copied from reference materials that do not require a plan sponsor's signature.