Pension Distribution Answer Book, 2006 Edition
Publisher: Aspen Publishers
Published: September 21, 2005
Language: eng
Format: Hardcover
Number of pages: 976
ISBN-13: 9780735553484
Subjects: General; Pension Law; Personal Finance - Retirement Planning; Legal Reference / Law Profession
First sentence: In general, profit sharing plans (including 401(k) plans) and stock bonus plans may distribute all or a portion of the participant's account balance: 1. After a fixed number of years; 2. After reaching a stated age; or 3. Upon the prior occurrence of a stated event, such as layoff, illness, disability, retirement, death, or severance of employment.