Guest JimD Posted October 18, 2001 Share Posted October 18, 2001 After 1/1/02 a SEP distribution can be rolled to a qualified plan (401a). Can someone confirm that this includes a SARSEP distribution? Thank you. Link to comment Share on other sites More sharing options...
Appleby Posted October 19, 2001 Share Posted October 19, 2001 This does incude SARSEPS. A SARSEP is just SEP that allows for salary deferral contributions- ultimately, they are all treated like traditional IRAs with respect to distributions Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com Link to comment Share on other sites More sharing options...
Gary Lesser Posted October 21, 2001 Share Posted October 21, 2001 In the case of current year's elective contribution, that amount amount cannot be withdrawn, rolled over. or tranferred until March 15 of the subsequent year (or earlier determination by the employer that the deferral limitation test for that plan year has been completed). It is unclear, as to whether this restriction only effects HCE. But the model elective deferral form appears to bind all employees to the "earlier of" rule. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now