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Subject:  Re: 401K Rollover Date:  1/24/1999  1:04 PM
Author:  TMFPixy Number:  8072 of 103820

TheBadger sez:

<<IMHO you may have received some bad info. 401(k) plans can not force you to take your money out; either as a taxable event, or as a rollover to a Rollover IRA. The exception to the above is the small balance regulation which permits Plans to force you to take your money out if your vested balance is less than $3500. If your respective balances are greater than $3500, then you can leave your money right where it is. It is your choice, not the Plan's choice.>>

Just as a point of clarification here, the amount for a forced distribution was changed to $5K as of July or August, 1998.

You're making some excellent posts. Thanks for the assist. It makes my job that much easier. :-)

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