Sec. 503. Surviving spouse election to be treated as employee
97 words·~1 min read·
/bill/115/s/3781/is/section-503A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Clause
(iv)of section 401(a)(9)(B) is amended— by inserting or at the election of the surviving spouse, after begin, in subclause (II); and by adding at the end the following flush sentence: An election described in subclause
(II)shall be made at such time and in such manner as prescribed by the Secretary, shall include a timely notice to the plan administrator, and once made may not be revoked except with the consent of the Secretary. . The amendment made by this section shall apply to distributions with respect to employees who die after December 31, 2018.