non-spouse beneficiary rollovers
Were the rules ever finalized for non-spouse rollovers? Do qualified plans [b]have[/b] to allow for non-spouse beneficiary rollovers or is it optional?
Were the rules ever finalized for non-spouse rollovers? Do qualified plans [b]have[/b] to allow for non-spouse beneficiary rollovers or is it optional?
Permalink Submitted by Alan Spross on Mon, 2008-10-13 20:43
The current status is that non spouse IRA transfers remain optional per Notice 2007-7. The PPA Technical Corrections Act remains in limbo per the attached. Moreover, I do not believe that the non spouse rollover is even included in the versions now pending in Congress.
http://hr.cch.com/news/pension/091608a.asp
Permalink Submitted by Al Fry on Mon, 2008-10-13 20:52
Optional. With a little pressure (or plead mercy), most will do it (my experience).