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Showing results for tags 'Retroactive Annuity Rollover'.
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Hoping someone can help me with this. Plan document requires person at 415 limit, and working past NRA to take their money. Person past NRA is now being provided the monthly payments they should have received as a Retroactive Annuity. The rest is being rolled over. The question involves eligibility for a rollover. I can see 3 ways of looking at this: 1): Since it is treated as being paid as a life annuity, my guess is it cannot be rolled over, since distributions paid over a life annuity basis are not eligible for a rollover; 2): Maybe it is considered similar to an equal installment distributions. If so, since this covers less than 10 years it should be eligible for a rollover; or 3): Maybe it is treated as a lump sum which would make it eligible for a rollover. Does anyone know the answer to this? Thanks, Craig Schiller