Learn About the Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by FindLaw Staff
(a) Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to retirement plans authorizes the agent to:
(i) Select the form and timing of payments under a retirement plan and withdraw benefits from a plan;
(ii) Make a rollover including a direct trustee-to-trustee rollover of benefits from one (1) retirement plan to another;
(iii) Establish a retirement plan in the principal's name;
(iv) Make contributions to a retirement plan;
(v) Exercise investment powers available under a retirement plan;
(vi) Borrow from, sell assets to or purchase assets from a retirement plan.
(b) As used in this section, “retirement plan” means a plan or account created by an employer, the principal or another person to provide retirement benefits or deferred compensation of which the principal is a participant, beneficiary or owner, including a plan or account under the following sections of the Internal Revenue Code:
(i) An individual retirement account under 26 U.S.C. section 408;
(ii) A Roth individual retirement account under 26 U.S.C. section 408A;
(iii) A deemed individual retirement account under 26 U.S.C. section 408(q);
(iv) An annuity or mutual fund custodial account under 26 U.S.C. section 403(b);
(v) A pension, profit sharing, stock bonus or other retirement plan qualified under 26 U.S.C. section 401(a);
(vi) A deferred compensation plan under 26 U.S.C. section 457(b);
(vii) A nonqualified deferred compensation plan under 26 U.S.C. section 409A.
Cite this article: FindLaw.com - Wyoming Statutes Title 3. Guardian and Ward § 3-9-215. Retirement plans - last updated January 01, 2024 | https://codes.findlaw.com/wy/title-3-guardian-and-ward/wy-st-sect-3-9-215/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)