Payment Form and Medium. The form of payment for an in-service withdrawal shall be a single lump-sum payment. A hardship in-service withdrawal by a Participant under age 591⁄2 is not an Eligible Rollover Distribution and the Participant may not elect a Direct Rollover. An in-service withdrawal from a Rollover Account or by a Participant age 591⁄2 or older is an Eligible Rollover Distribution, and the Participant may elect a Direct Rollover for the Eligible Rollover Distribution portion of his or her in-service withdrawal.
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Sources: 401(k) Plan and Trust Agreement (Leggett & Platt Inc), 401(k) Plan and Trust Agreement (Leggett & Platt Inc)