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For uses of deciding an worker's correct to an accrued benefit derived from employer contributions under a approach, the system may well disregard provider performed by the worker with respect to which— (A) The worker gets a distribution with the present price of his total nonforfeitable reward at some time on the distribution;
Furthermore, these ultimate restrictions improve the spousal-consent regulations by clarifying that a program topic to sections 401(a)(11) and 417 might not distribute a advantage following the annuity beginning day with no consent. This prohibition on cash-outs once the annuity commencing date, that is statutory in supply, applies devoid of regard to the worth of your advantage in the annuity beginning day and devoid of regard into the distribution variety.
Doc headings range by document sort but may possibly contain the subsequent: the agency or agencies that issued and signed a document the volume of the CFR title and the volume of Every single section the doc amends, proposes to amend, or is immediately linked to the agency docket variety / agency inside file selection the RIN which identifies Each individual regulatory action outlined within the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more specifics.
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