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Q: What are the provisions of the plan?
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My former company terminated my job I have been trying to close out my 401 profit sharing and savings plan and trust they are not allowing me to do so What do I do?

The plan is controlled and governed by the plan document and the most recent adoption agreement as the plan has been amended. It will have specific requirements of detailed regarding both eligibility and timing of distributions. The summary plan description is just what it says and will provide a brief outline of the plan document. It may give a clue but the plan document and appropriate adoption agreement hold precedence. That said, refer to both documents and respond accordingly. I would guess that the plan sponsor / trustee is acting under the provisions of the document. You may inquire to them regarding what the provisions are. If you feel that the plan sponsor is not acting under the provisions of the plan documents as adopted, you may wish to contact the DOL. I recommending inquiring directly with the plan trustees prior to this action.


The immediate response to President Johnson's Reconstruction plan included?

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