Guest Paula G Posted October 4, 2010 Posted October 4, 2010 Plan has been terminated. All of the participants have been paid out with the exception of one participant, who is deceased. The deceased participant's spouse has been charged with murdering the participant and will face trial shortly. The plan was terminated more than a year ago. It did not provide for an annuity option. Is there any way to transfer the deceased participant's account to an escrow account outside the plan, or does the account have to remain under the plan until the outcome of the trial is known?
david rigby Posted October 4, 2010 Posted October 4, 2010 Prior discussions: http://benefitslink.com/boards/index.php?showtopic=31601 http://benefitslink.com/boards/index.php?showtopic=26083 I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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