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February 17, 2009

Alternate Payee



Any spouse, former spouse, child or other dependent of a plan participant who is recognized by a domestic relations order (DRO) as having a right to receive all, or a portion of, the participant’s benefits payable under a plan.

Referring Cite

IRC §414(p)(8); ERISA §206(d)(3)(K)

Additional Helpful Information

A spouse or former spouse can rollover amounts received as an alternate payee A non-spouse alternate payee cannot rollover amounts received under a DRO


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