Construction of power relating to retirement plan transactions.

In a statutory power of attorney the language granting power with respect to retirement plan transactions empowers the agent to: Select payment options under any retirement plan in which the principal participates, including plans for self-employed individuals; Designate beneficiaries under those plans and change existing designations; Make voluntary contributions to those plans; Exercise the investment powers available under any self-directed retirement plan; Make “rollovers” of plan benefits into other retirement plans; If authorized by the plan, borrow from, sell assets to, and purchase assets from the plan; and Waive the right of the principal to be a beneficiary of a joint or survivor annuity if the principal is a spouse who is not employed.