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Changes to account balance

L1: Changes to account balanceIn reading the paragraph on changes to the account balance it is not very clear as to what is meant.Why did they list the three alternatives (thus, a modification to the series of payments will occur if…i.,ii,iii.
As such there are many other ways that the account balance could be modified. In reading these 3 it almost sounds like they are saying that under these conditions you can modify the payments if one of these occur…. From all I have read I know that is not the “theme” however, I have to say it would have been simplier just to say…. you can not add or take away from the balance.
Alan C2003-11-11 22:39, By: Alan C, IP: [127.0.0.1]

L2: Changes to account balanceRead the paragraph a little more carefully. “Thus, a modification to the series of payments will occur if, after such date, there is (i) any addition to the account balance other than gains or losses, (ii) any nontaxable transfer of a portion of the account balance to another retirement plan, or (iii) a rollover by the taxpayer of the amount received resulting in such amount not being taxable.”
If you modify the payment, except as loulined in the switch to the MD methd, you will bust the plan.2003-11-12 13:47, By: Gfw, IP: [127.0.0.1]

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