Pixie Posted September 22, 2015 Posted September 22, 2015 Hi. I have a plan that is terminating. One of the participants had a few stokes and cannot think. He does not have a power of atty. Do we just transfer his account to a default IRA?
MoJo Posted September 22, 2015 Posted September 22, 2015 Has a guardian been appointed to handle the affairs of this individual? I would think that one should have been - or could be - and that would be the "safe" bet - getting a guardian to act on behalf of the participant and consent to the distribution. Pixie 1
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