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Employee Stock Ownership Plans (ESOPs)

Diversification - Alternate Payees & Beneficiaries

Guest TAS17

By Guest TAS17
September 5, 2000 in Employee Stock Ownership Plans (ESOPs)

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https://benefitslink.com/boards/topic/6991-diversification-alternate-payees-beneficiaries/

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Guest TAS17

Guest TAS17

Posted September 5, 2000

Posted September 5, 2000

Are alternate payees and beneficiaries eligible for diversification or is diversification limited to employee participants?

RLL

RLL

Posted September 7, 2000

Posted September 7, 2000

Hi TAS17 ---

Alternative payees....yes.

Beneficiaries....no, unless it's permitted under the plan document (the law does not require it).

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