HAR §14-59-27

HAR §14-59-27. Failure to select time or form of distribution

Last amended: 2018Length: 62 wordsOfficial source

Cite as Haw. Code R. § 14-59-27

Participants who fail to elect a time or form of distribution within the time period noted in section 14-59-25, shall be deemed to have elected a lump sum distribution which shall be paid within sixty days after the close of the plan year in which the participant separates from service. [Eff 4/26/97; comp MAR 24 2018] (Auth: HRS §88F-3) (Imp: HRS §88F-3)