File:Figure 1 Options for Forcing Out a Separated Participant Depend on the Participant's Vested Balance (16148650586).jpg

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This image is excerpted from a U.S. GAO report: <a href="http://www.gao.gov/products/GAO-15-73" rel="nofollow">www.gao.gov/products/GAO-15-73</a>

401(K) PLANS: Greater Protections Needed for Forced Transfers and Inactive Accounts

Note: A plan can only transfer a participant's eligible account to a forced-transfer IRA in the absence of the participant's instruction to do otherwise. An account of less than $1,000 can also be transferred to a forced-transfer IRA, if the plan provides. These balance thresholds pertain to active plans. In the case of terminating plans that must distribute all benefits in order to complete the termination, plans can forcibly transfer missing participants' account balances of any size if the participant, after being notified, does not provide instruction and cannot be located after a search.
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Source Figure 1: Options for Forcing Out a Separated Participant Depend on the Participant's Vested Balance
Author U.S. Government Accountability Office from Washington, DC, United States

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Public domain This image is a work of an employee of the Government Accountability Office or a predecessor organization, taken or made as part of that person's official duties. As a work of the U.S. federal government, the image is in the public domain in the United States.
This image was originally posted to Flickr by U.S. GAO at https://flickr.com/photos/58220939@N03/16148650586 (archive). It was reviewed on 2 September 2018 by FlickreviewR 2 and was confirmed to be licensed under the terms of the United States Government Work.

2 September 2018

Public domain This image is a work of an employee of the Government Accountability Office or a predecessor organization, taken or made as part of that person's official duties. As a work of the U.S. federal government, the image is in the public domain in the United States.

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current14:39, 2 September 2018Thumbnail for version as of 14:39, 2 September 20181,500 × 325 (44 KB)Tyler ser Noche (talk | contribs)Transferred from Flickr via #flickr2commons

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