Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Analyst/Administrator

Compensation Strategies Group, Ltd.
(Remote / Beaumont TX)

Compensation Strategies Group, Ltd. logo

Education Consultant

Pentegra
(Remote / Putnam Valley NY)

Pentegra logo

Plan Compliance Analyst (Administrator)

RPA
(Remote)

RPA logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



Does Your Public Agency’s Plan Have Dormant Accounts That Should Be Paid Out?
Best Best & Krieger LLPLink to more items from this source
Aug. 19, 2021

"Many holders of dormant accounts would at least consider a rollover or voluntary cash-out if they are told they would have to pay a more substantial recordkeeping fee for the maintenance of their accounts.... Although ... a lot of governmental 401(a) plans seem to require written consent to distributions in excess of $5,000, it appears that this rule does not apply to governmental plans generally and could be amended out of the document if warranted."

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).
© 2022 BenefitsLink.com, Inc.