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Distributions from partially-vested accts--protected?


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Posted

We have a bunch of plans that allow in-service and/or partial withdrawals fall all accounts, whether or not they are fully vested.

Can we amend those plans to allow inservice or partial withdrawals only for fully vested accounts?  Would that be a cut back?

QKA, QPA, CPC, ERPA

Two wrongs don't make a right, but three rights make a left.

  • david rigby changed the title to Distributions from partially-vested accts--protected?
Posted

I vote it's a cutback. If anyone says no, I will check the reg.

Luke Bailey

Senior Counsel

Clark Hill PLC

214-651-4572 (O) | LBailey@clarkhill.com

2600 Dallas Parkway Suite 600

Frisco, TX 75034

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