§ 418.1205. What is a major life-changing event?
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/us/cfr/t20/s§ 418.1205·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
For the purposes of this subpart, we will consider the following to be major life-changing events:
(a)Your spouse dies;
(b)You marry;
(c)Your marriage ends through divorce or annulment;
(d)You or your spouse stop working or reduce the hours you work;
(e)You or your spouse experiences a loss of income-producing property, provided the loss is not at the direction of you or your spouse (e.g., due to the sale or transfer of the property) and is not a result of the ordinary risk of investment. Examples of the type of property loss include, but are not limited to: Loss of real property within a Presidentially or Gubernatorially-declared disaster area, destruction of livestock or crops by natural disaster or disease, loss from real property due to arson, or loss of investment property as a result of fraud or theft due to a criminal act by a third party;
(f)You or your spouse experiences a scheduled cessation, termination, or reorganization of an employer's pension plan;
(g)You or your spouse receives a settlement from an employer or former employer because of the employer's closure, bankruptcy, or reorganization. [71 FR 62931, Oct. 27, 2006, as amended at 75 FR 41086, July 15, 2010]
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§ 418.1205
What is a major life-changing event?
Fed. Reg.×19
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