D.C. Code § 21-2602.15: Retirement plans.

(a)

For the purposes of this section, the term "retirement plan" means a plan or account created by an employer, the principal, or another individual to provide retirement benefits or deferred compensation of which the principal is a participant, beneficiary, or owner, including the following plans or accounts:

(1)

An individual retirement account under 26 U.S.C. § 408;

(2)

A Roth individual retirement account under 26 U.S.C. § 408A;

(3)

A deemed individual retirement account under 26 U.S.C. § 408(q);

(4)

An annuity or mutual fund custodial account under 26 U.S.C. § 403(b);

(5)

A pension, profit-sharing, stock bonus, or other retirement plan qualified under 26 U.S.C. [§] 401(a);

(6)

A plan under 26 U.S.C. § 457(b); and

(7)

A nonqualified deferred compensation plan under 26 U.S.C. § 409A.

(b)

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:

(1)

Select the form and timing of payments under a retirement plan and withdraw benefits from a plan;

(2)

Make a rollover, including a direct trustee-to-trustee rollover, of benefits from one retirement plan to another;

(3)

Establish a retirement plan in the principal's name;

(4)

Make contributions to a retirement plan;

(5)

Exercise investment powers available under a retirement plan; and

(6)

Borrow from, sell assets to, or purchase assets from a retirement plan.