BenefitsLink Message Boards > Corporation/Plan Sponsor Named As Beneficiary

Full Version: Corporation/Plan Sponsor Named As Beneficiary

BenefitsLink Message Boards > Employee Benefits in General > Litigation and Claims

Andy

Mar 23 1999, 04:57 PM

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We have come across a situation where a participant/shareholder has named his company as beneficiary of his MP/PS benefits. There is no QJ&S issue and no concern over the 401(a)(9)rules. My question is does anyone feel this is prohibited by ERISA or could be void for any other reason.
Any thoughts would be appreciated

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