Letter to Participants Recouping Lump Sum Retirement Plan Overpayment | Practical Law

Letter to Participants Recouping Lump Sum Retirement Plan Overpayment | Practical Law

A model letter for plan administrators of qualified retirement plans governed by the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (Code) to request the recoupment of a retirement plan overpayment paid in a lump sum. The letter also describes the tax consequences of the overpayment to the participant or beneficiary. This Standard Document has integrated notes with important explanations and drafting tips.

Letter to Participants Recouping Lump Sum Retirement Plan Overpayment

Practical Law Standard Document w-003-2593 (Approx. 10 pages)

Letter to Participants Recouping Lump Sum Retirement Plan Overpayment

by Practical Law Employee Benefits & Executive Compensation
MaintainedUSA (National/Federal)
A model letter for plan administrators of qualified retirement plans governed by the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (Code) to request the recoupment of a retirement plan overpayment paid in a lump sum. The letter also describes the tax consequences of the overpayment to the participant or beneficiary. This Standard Document has integrated notes with important explanations and drafting tips.