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Qualified Retirement Plan Cash-Out Rules Change on March 28, 2005 theworkplace.biz via Rackemann, Sawyer, & Brewster ![]() Feb. 17, 2005 Excerpt: An amendment will be necessary for most qualified retirement plans, and must be executed no later than the last day of the plan year that overlaps March 28, 2005 (i.e. by December 31, 2005 for calendar year plans). The amendment will be retroactive to March 28, 2005, so you need to think through the issues before that earlier date. Because the amendment will be fairly straight-forward, you may as well adopt it by March 28, 2005, rather than waiting until the end of the year deadline. |
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