Featured Jobs
Compliance Analyst - 401(k) Administration Ubiquity Retirement + Savings
|
Junior Implementation Specialist - 401(k) Administration Ubiquity Retirement + Savings
|
Sentinel Benefits & Financial Group
|
Senior Actuarial Analyst/ Project Manager Van Iwaarden Associates
|
Sentinel Benefits & Financial Group
|
Senior Retirement Plan Administrator Enhanced Retirement Solutions
|
Retirement, LLC
|
United Benefit Pensions Inc.
|
Defined Benefit Plan Consultant Sentinel Benefits & Financial Group
|
Site Manager / Senior Administrator Nicholas Pension Consultants
|
Manager - Defined Contribution Plans M2B Retirement Consulting LLC
|
Nicholas Pension Consultants
|
Sr. Retirement Plan Administrator Tycor Benefit Administrators, Inc.
|
Hessel & Associates, LLC
|
NFL Player Benefit Office
|
Retirement, LLC
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
 |    |
<< Previous news item | Next news item >>
| DOL and IRS Rollover Guidance May Make Involuntary Cash Outs History Mintz Levin  Jan. 31, 2005 Excerpt: Section 411(a)(11) of the Internal Revenue Code of 1986, as amended ..., permits tax-qualified retirement plan sponsors to distribute account balances or benefits with a value of $5,000 or less without the consent of the affected plan participants. This provision is referred to as the 'involuntary cash out' limit or rule. The purpose of the involuntary cash out rule is to allow plan sponsors to eliminate small accounts and benefits and thereby reduce plan administration expenses. |
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above). |
| An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified). |
