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Cassie separated from her employer's company in 2017. At the time of her leaving, the present value of Cassie's qualified joint survivor annuity was $11,000,
Cassie separated from her employer's company in 2017. At the time of her leaving, the present value of Cassie's qualified joint survivor annuity was $11,000, of which $6,000 was attributable to a rollover contribution. Which of the following statements is correct? The automatic cash-out provision applies because the present value of the joint survivor annuity does not exceed $5,000 when the rollover contribution is removed from the amount. O A. O B. The automatic cash-out provision does not apply because it is a joint survivor annuity. The automatic cash-out provision does not apply because the present value of the joint survivor annuity exceeds $10,000. O C. The automatic cash-out provision does not apply because the present value of the joint survivor annuity is $5,000 or more when the rollover contribution is removed from the amount. O D
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