When the House of Representatives failed to act on the Pension Protection Technical Corrections Act of 2007 last week, it created a terrific end-of-the-year PPA question.
The question: Are plans required to provide rollovers to nonspouse beneficiaries?
The answer: Yes No Yes
The reason behind changing the answer from “Yes” […]
Entries Tagged as 'Rollovers'
Revisiting Rollovers to NonSpouse Beneficiaries Before 2008
December 26th, 2007 · No Comments
Tags: Nonspouse Beneficiary · Plan Language · Rollovers
Amending for the Pension Protection Act
July 8th, 2007 · No Comments
The Pension Protection Act contains a variety of deadlines for applying different provisions. For example, for plan years beginning after December 31, 2006, the faster vesting schedule in Section 904 for employer non-elective contributions must be used.
Even though the plan will apply the different provisions of the Pension Protection Act according to […]
Tags: Nonspouse Beneficiary · Rollovers
