SIMPLE IRA to 401k
We have a client that is looking to rollover his SIMPLE IRA (seasoned for 2yrs) to his existing 401k. Want to verify this can be done?
We have a client that is looking to rollover his SIMPLE IRA (seasoned for 2yrs) to his existing 401k. Want to verify this can be done?
Permalink Submitted by Alan Spross on Thu, 2012-07-12 17:59
Yes, it can be done after the two year period providing that the 401k plan will accept IRA rollovers.