DC Plans and QOSA Benefits

[Guest Tom:]

Is a DC plan that is not otherwise subject to the QJSA rules required to offer a QOSA when participants elect a form of life annuity under IRC § 401(a)(11)(B)(iii)(II)? If not, is the plan required to offer a QOSA if such participants change the form of life annniuty perviously elected? Does it matter wether the life annity is paid under a qualifed plan distributed annuity (QPDA)?

[Guest Sieve]

I'm not sure what a QOSA or QPDA is. But, if a DC plan not subject to the QJSA requirements offers payment in the form of a life annuity, then the annuity that is selected must be provided as a QJSA (unless approrpaitely waived by spouse). But I suspect that I haven't answered your question.

By the way, Tom . . . as James Earl Jones said in Field of Dreams: "Peace, love, dope!!"