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Full Version: no rollover allowed out of plans?
BenefitsLink Message Boards > Retirement Plans > Distributions and Loans, Other than QDROs
Santo Gold
Upon termination of employment, can a plan be written to prohibit rollovers out of the plan? Allow just for lump sum (cash) distributions?
E as in ERISA
401(a)(31) requires that a plan allow direct rollover of any distribution that is an "eligible rollover distribution."
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