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Guest durktracy
Posted

If a plan reduces it's cash out threshhold to $1,000 does that mean spousal consent is needed on distributions over $1,000 or does it remain at the $5,000 mark (assume the QJSA is the normal form of benefit)?

Posted

Double check how the plan is now worded but generally speaking, between $1K and $5K you'd need participant consent but not spousal.

Kurt Vonnegut: 'To be is to do'-Socrates 'To do is to be'-Jean-Paul Sartre 'Do be do be do'-Frank Sinatra

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