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Bookmark or Share- Placing a hold on participant's accountThe legislative history for the bill that created QDROs states that the plan administrator can freeze the account for a reasonable amount of time once the PA receives notice of a forthcoming QDRO. It's in H.R. Rep. No. 99-841 at pg. 4945 (conference report from 1986) and the Joint Committee on Taxation's Explantion of Technical Corrections to ...
- Once eligible always eligible "rule" - 401(k) Plans - BenefitsLink ...Once eligible always eligible "rule" By Guest JMH1962 February 13, 2012 in 401(k) Plans. Share https ...
- QDRO after Alternate Payee's death before distributions beganThis wasn't how she explained it the first time we talked, but it makes much more sense now. It sounds like the benefit actually did start paying out immediately after the QDRO was approved, and then changed to the decedent AP's beneficiary once the AP died, but she isn't certain because they didn't confirm.
- Enter employees once for 2 Plans with one employerI have an employer with a MPP with a 1 year eligibility and a 401(k) with a 6 month eligibility. What is the easiest way to get all of the employees and all of their census and payroll data into both plans every year. In the past, I have imported the payroll and census info into the 401(k) and th...
- Are RMDs triggered once a distribution is taken?I agree with everyone who posits that RMDs are never optional, which is why the R stands for Required. The question is: Is the distribution being characterized as “required” by reference to the plan’s language enforcing the Code or is it “required” by some plan provision other than the plan’s language enforcing the Code?
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