Iowa High Court Affirms Order Denying Spousal Transfer Of Decedent’s ERISA Plan

Mealey's (May 9, 2023, 8:50 AM EDT) -- DES MOINES, Iowa — The Iowa Supreme Court affirmed a lower court order denying a surviving spouse’s request to transfer her deceased husband’s 401(k) profit-sharing plan governed by the Employee Retirement Income Security Act, finding that the lower court correctly held that without a divorce or separate maintenance proceeding, it lacked the statutory authority to make the transfer....