457 Plan Transfers to IRA
I need clarification on 457 plan account balances that can be direct transferred into an IRA. Where is the documentation explaining that this is now allowed?
I need clarification on 457 plan account balances that can be direct transferred into an IRA. Where is the documentation explaining that this is now allowed?
Permalink Submitted by Anonymous (not verified) on Fri, 2009-02-20 20:20
A government 457 plan can be rolled to an IRA, but not other 457 plans. Here is a copy of the latest rollover chart:
http://www.mhco.com/Library/Articles/2008/ARoll_Chart_011008.html