Cornona Virus distribution

If the plan allows for Corona Virus distributions.  Can they limit the distribution to be from only sources that are fully vested?

Thanks!

Plans can impose whatever limits they want, is my understanding, provided they are applied uniformly without discrimination.

Just out of curiosity, is anyone familiar with a plan that has ever made any type of distribution of an unvested amount on purpose?

4 hours ago, Luke Bailey said:

Just out of curiosity, is anyone familiar with a plan that has ever made any type of distribution of an unvested amount on purpose?

That wasn't what was being discussed. If the subaccount is less than 100% vested the only amounts includable in the calc are the vested amounts.  Nobody includes unvested amounts on purpose.

On ‎5‎/‎15‎/‎2020 at 7:37 PM, Mike Preston said:

That wasn't what was being discussed. If the subaccount is less than 100% vested the only amounts includable in the calc are the vested amounts.  Nobody includes unvested amounts on purpose.

OK. Thanks for the clarification, Mike. A lot of plans only have cash-out and buyback provisions, so in many cases you would need to add segregated account language and the reg. sec. 1.411(a)-7(d)(5) formula to handle, but could be done.