Hi all,
I have a quick question regarding the purchasing of Permissive Service Credits. Can a 457/401(k) participant use Roth assets to buyback permissive service credits in their pension? Is this buyback limited to pre-tax assets? I have only seen other DC plans mention pre-tax; however I have not seen any IRS rule/regulation specifically stating that only pre-tax assets can be used to purchase permissive service credits.
Any help would be appreciated. Thanks!