Sign in to follow this  
Followers 0
ScottyD

Period Certain Rollovers Past 70

1 post in this topic

A public entity is doing a golden handshake. The ER is making non-elective contributions into a 403(b). The 403(b) will then offer the participants the ability to rollover payments via a Period Certain annuity (qualified) over a period of 5 to 9 years. All payments will be sent to an IRA (or 403(b) or 457(b)) as rollovers or exchanges). My question is what happens if the participant turns 70 prior to the payments ceasing? It seems to me that the payments can only be rolled over prior to 70, but must be income after. Can someone please help clear this up.

Edited by ScottyD

Share this post


Link to post
Share on other sites

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 account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0