Distribution Event

[ERISA25]

Under my reading of the Code/Regulations, the earliest a 403(b) plan may allow a distribution is upon a "triggering event" (e.g., 59.5, etc.), but a plan may be more restrictive than the code. In other words, a plan is not required to allow a distribution at age 59.5 or a plan may limit distributions upon attaining age 59.5 to 50% of account balance. Is this correct?

[ETA Consulting LLC]

Correct. Seldom done, but "may" be written to delay (or limit) distribution.

Good Luck!