Topic Archive: Rollovers

Do We Need an IRS Favorable Determination Letter for Former Employees to Roll Over Their Balances?

DWC | 08/15/17

Facts

We recently processed a rollover from our 401(k) plan for a former employee who wants to roll her balance into her new employer’s plan. Shortly after the payment was processed, the former employee emailed us requesting either a copy of our plan’s IRS favorable determination letter or a signed acknowledgment that we have such a letter.

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