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Showing results for tags 'nonqualified'.
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Has anyone seen this? What election rules apply to such a deferral? What are the pros and cons of the plan allowing this?
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I am considering taking over administration for a plan into which one of the doctors rolled his nonqualified IRA balance in a prior year. Is a rollover from nonqualified (not 457) accounts permissible in any 401(k) Plan (or any qualified plan)? I believe the answer is no, in which case, the next question would be - what to do about it? I don't want to recordkeep these assets, so should I just suggest the doctor roll the money back out as soon as possible? Thanks!
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