La. Admin. Code tit. 32 § VII-717
Current through Register Vol. 50, No. 11, November 20, 2024
Section VII-717 - Limitations on Distribution OptionsA. No distribution option may be selected by a participant or beneficiary under this §717 unless it satisfies the requirements of IRC §401(a)(9) and proposed or final treasury regulations thereunder.B. If installment payments are designated as the method of distribution, the minimum distribution shall be no less than $100 per check and the payments made annually must be no less than $600.La. Admin. Code tit. 32, § VII-717
Promulgated by the Department of the Treasury, Deferred Compensation Commission, LR 24:1969 (October 1998), amended LR 28:1499 (June 2002).AUTHORITY NOTE: Promulgated in accordance with IRC §457 and R.S. 42:1301-1308.