Jump to content

Small Cashouts - Require Proof of Age to Determine Present Value?


Recommended Posts

Guest LazLama
Posted

Before paying a small cashout ($1,000), do you or your clients require proof of age (to confirm age for present value, etc.)?

Guest LazLama
Posted
Before paying a small cashout ($1,000), do you or your clients require proof of age (to confirm age for present value, etc.)?

Sorry this is my first time posting! I put this in the 401(k) Plan forum, but meant to put in the retirement plans forum. I apologize!

  • 3 weeks later...
Posted
Before paying a small cashout ($1,000), do you or your clients require proof of age (to confirm age for present value, etc.)?

Nope - we rely on the data our clients provide us with respect to employee demographics (age, service, gender, etc.)

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use