Certain mandatory distributions.—

(i) In general .—

(i)In general .—#

In case of a trust which is part of an eligible plan, such trust shall not constitute a qualified trust under this section unless the plan of which such trust is a part provides that if—

(I) a distribution described in clause (ii) in excess of $1,000 is made, and

(II) the distributee does not make an election under subparagraph (A) and does not elect to receive the distribution directly,

(i)(I)#

a distribution described in clause (ii) in excess of $1,000 is made, and

(i)(II)#

the distributee does not make an election under subparagraph (A) and does not elect to receive the distribution directly,

(ii)Eligible plan .—#

For purposes of clause (i), the term “eligible plan” means a plan which provides that any nonforfeitable accrued benefit for which the present value (as determined under section 411(a)(11)) does not exceed $7,000 shall be immediately distributed to the participant.

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Certain mandatory distributions.—

Official source

(i) In general .—

(i)In general .—#

In case of a trust which is part of an eligible plan, such trust shall not constitute a qualified trust under this section unless the plan of which such trust is a part provides that if—

(I) a distribution described in clause (ii) in excess of $1,000 is made, and

(II) the distributee does not make an election under subparagraph (A) and does not elect to receive the distribution directly,

(i)(I)#

a distribution described in clause (ii) in excess of $1,000 is made, and

(i)(II)#

the distributee does not make an election under subparagraph (A) and does not elect to receive the distribution directly,

(ii)Eligible plan .—#

For purposes of clause (i), the term “eligible plan” means a plan which provides that any nonforfeitable accrued benefit for which the present value (as determined under section 411(a)(11)) does not exceed $7,000 shall be immediately distributed to the participant.