Roll a Traditional IRA to a 403b?
A client wants to know if an IRA can be rolled into his company’s 403b plan. Apparently he can then use this money to buy time. Can an IRA be rolled to a 403b?
A client wants to know if an IRA can be rolled into his company’s 403b plan. Apparently he can then use this money to buy time. Can an IRA be rolled to a 403b?
Permalink Submitted by Alan Spross on Mon, 2012-08-13 17:27
Yes, a non Roth IRA can be rolled into a 403b plan that accepts IRA rollovers up to the pre tax amount of the IRA. Any basis in the IRA showing on Form 8606 cannot be rolled into an employer plan.