Small Cashouts - Proof of Age?

[Guest LazLama]

For small cashouts ($1,000), do you or your clients require proof of age (to determine the present value, etc.)?

[frizzyguy]

Shouldn't that have been part of the hiring process? I would think the employer has it.

[SoCalActuary]

For small cashouts ($1,000), do you or your clients require proof of age (to determine the present value, etc.)?

That would seem obvious if the payout is age related. CB plans would not typically need that proof, IMO.

[david rigby]

For small cashouts ($1,000), do you or your clients require proof of age (to determine the present value, etc.)?

Why restrict this to small cashouts?

[SoCalActuary]

The larger payouts require spousal consent if the payment is not QJSA, and that requires disclosure of relative values. But small amounts under $1,000 can be distributed without consent nor QJSA info.