R. Butler Posted December 13, 2000 Posted December 13, 2000 It is my understanding that as a general rule participants should not be charged a fee for processing a distribution upon termination. Is there a problem with the investment company charging a check fee? If so, how can the plan sponsor correct the situation without moving the money? I assume the check fee is probably O.K. My concern is that the investment company does not call it a check fee, but rather it is clearly labeled an administrative fee. Should the plan sponsor be concerned?
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