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403b Plan

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i had a question regarding a 403 b plan that is payable upon death. is it possible that only 600.00 would be distibruted among two individuals. is there a minimum that would have to be contributed. finally with such a low amount would a guarantor stamp be needed.

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Did the owner of this 403b account stipulate that upon his or her death $600 shall be divided equally between two people? If a designation of beneficiary form was filled out appropriately then the wishes of the deceased will be followed. The requirement for a signature guarantee has nothing to do with the amount of the bequest.



Joel L. Frank

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