Section Newsletters

Articles From Leasa J. Baugher

Garnishments of participant’s account in ERISA qualified plan to collect a federal criminal fine is not prohibited by the anti-alienation provision By Leasa J. Baugher Employee Benefits, September 2004 On July 23, 2003, the Internal Revenue Service issued a private letter ruling deciding that a court order permitting the garnishment of the individual's 401(k) plan account balance to satisfy the individual's fine in a criminal case would not violate IRC § 401(a)(13).

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