Automatic IRA Rollover Requirements

In March of this year, all qualified plans will need to comply with mandatory rollover requirements.  If a former employee's benefit in the plan is more than $1000 and subject to the plan's cash out provision, the plan must roll over the benefit into an IRA selected by the plan fiduciary unless the employee elects direct payment or directs that the benefit be rolled over to the IRA of his/her choice.  Here is a simple article on this subject to get you started.  This one will help as well.