Rai401k Posted September 24, 2013 Posted September 24, 2013 We know that plans have protection under QDIA when a participant doesn't choose investment elections for future contributions under a plan. However does the same apply during a “conversion” from one provider to another? In other words do you have the same protection under QDIA if you invest participants money (due to the transfer of assets) in to a default fund. Is it considered a 404© transaction? I guess what I am saying is in lieu of mapping.
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In Now