I have a client who has a one-person PS plan with merged MPP assets. He is age 55 and wants to start taking distributions from his assets. If we amend his PS Plan to a Normal Retirement Age of 55 and allow for distributions at his NRA, can he get access to his merged MPP assets?
rcline46
May 15 2003, 11:30 AM
Under those conditions, yes - if in service is allowed at NRA.
For MPPP or DB, must be at or beyond NRA for distributions.