If you're married, spouse has to be primary unless they waive that right. But that waiver has to be notarized.
And OP, if your account balance is over $5K, they won't "force" it out and issue you a check. The force outs are done to make the plan easier to administer so small balances are kicked out. If it's under $1K, they'll issue you a check after taxes are taken out. If it's under $5K, most plans will roll the money into an IRA on your behalf and no tax consequences. But you get several notification letters, it's not immediate, usually after 30 days or 60 days.
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Originally Posted by wdb
You can do that? The plans I've been part of specify 'spouse'. (Maybe I could marry someone very, very young  ) |