Help - Search - Members - Calendar
Full Version: Made distribution yet plan does not allow in service dist
BenefitsLink Message Boards > Retirement Plans > Correction of Plan Defects
Lori H
a 58 year old part in a ps plan received a $30,000 distribution from his 3 participant plan. He is not terminated and the plan does not allow for loans or in service distribuitons or have early retirement provisions.

Suggestions?

PensionPro
Provided it meets the other requirements of EPCRS, the plan can be retroactively amended under VCP.
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2012 Invision Power Services, Inc.