Guest padmin Posted June 18, 2007 Posted June 18, 2007 401k/PSP has terminated but a participant is under court order not to touch 401k( a qdro is anticipated). Does the plan sponsor have to hold off on distributing and delay the final distribution of assets?. The delay will cause a new plan year and the associated administration costs.
QDROphile Posted June 18, 2007 Posted June 18, 2007 No. By the way, the plan sponsor does not distribute plan assets in any event.
Guest mjb Posted June 18, 2007 Posted June 18, 2007 employee can roll 401k distribution to an IRA and court can order division of IRA to spouse.
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