CAN YOU ROLL OVER FUNDS FROM A DEFINED BENEFIT PLAN TO A 457
I HAVE A DEFINED BENEFIT PLAN, AND I AM NOT FULLY VESTED BUT HAVE LEFT THE PLAN. AM I ALLOWED TO ROLL MY CONTRIBUTIONS INTO A 457 PLAN EVEN IF IT IS AFTER TAX MONEY.
I HAVE A DEFINED BENEFIT PLAN, AND I AM NOT FULLY VESTED BUT HAVE LEFT THE PLAN. AM I ALLOWED TO ROLL MY CONTRIBUTIONS INTO A 457 PLAN EVEN IF IT IS AFTER TAX MONEY.
Permalink Submitted by Alan Spross on Sat, 2007-10-20 03:44
No after tax money, only pre tax portions of a lump sum distribution, and then only to a 457 that is a GOVT 457.
Permalink Submitted by Kai Bond on Mon, 2007-10-22 14:37
THANKS SO MUCH FOR THE INFO. IT’S WHAT I THOUGFHT, BUT I HAD TO GET ANOTHER OPINION.