In light of increased fee disclosure, most employers would benefit from reviewing their retirement plan documents to determine when employees are eligible to receive a distribution of their benefit and possibly rollover a distribution to an IRA to obtain greater investment control.

For example, an employee goes to the HR department and requests a distribution of their benefit. The individual is 45-years-old, saw a news program touting that one-third of participant accounts are being eaten away with internal asset charges over an employee's lifetime, and he requests an immediate distribution of his or her benefits. Can an employer make a distribution?

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