Next, an eligible manager is considered so you’re able to propose to offer again to own the support considering under an expired offer in case the eligible employer’s this is conditioned merely upon taking on an importance of brand new qualities, the available choices of money, or each other
(a) Typically. Except because the given inside the part (c) regarding the area (in accordance with withdrawals because of an unforeseeable disaster), part (e) from the area (according to withdrawals away from small levels), § step 1.457-10(a) (in accordance with package terminations), or § step one.457-10(c) (in accordance with domestic relations commands), quantity deferred less than an eligible plan may possibly not be reduced to an associate or recipient before the new member has a great severance regarding employment with the qualified company or when the fellow member accomplishes years 70 step one/dos , if prior to.