My wife is employed at a not for profit health care employer. Her retirement plan is a "profit sharing plan"
I would like to know upon tremination of employment can she roll 100% of the profit sharing plan fund balance into a roll over IRA? Can her employer "hold back" part of the balance? My wife was told, by her employer, that she could roll over 70% of her balance with the remaining 30% to be roll over at a unspecified later date. Thank you for your responce.

With regard to the first part of the question, generally there should be no problem in rolling over 100% of the distribution from the profit sharing plan to an IRA. I'm not sure I understand why the plan would wait to pay 30% of the account balance, unless there is information not provided, such as, vested amount, when the gain/loss on the accont is determined, etc.

A plan is not required to make distributions available at termination of employment. Although most plans do that, the legal requirement under 401(a)(14) is that distributions begin at age 65. There are a number of DB plans that don't allow distribution until 65. You need to look at the Summary Plan Description -- or ask for a copy of the plan document.

Defined contribution plans invested in illiquid assets sometimes put a wait on distributions.