Profit Sharing Plans

Client has a Profit Sharing Plan.
Would like to transfer/roll IRA to this plan.
Is this possible?



An IRA can be rolled to a profit sharing plan, if the plan allows it. If the plan doesn’t currently accept IRA rollovers, it can be amended to do so. After tax amounts (basis) cannot be rolled into a qualified plan but deductible contributions, rollovers and earnings are eligible to be rolled.



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