(1) A participant under a defined contribution plan may not permanently relinquish the benefit.
(2) A designated beneficiary under a defined contribution plan may permanently relinquish the benefit by signing an irrevocable written relinquishment.
Utah Code § 49-11-802
Permanent relinquishment of defined contribution benefit -- Procedure
Amended by Chapter 98, 2026 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.