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SIMPLE portability


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Guest Carole Nelsen
Posted

How will the new portability rules apply to SIMPLE plans? Will you be able to roll SIMPLE plans to 401(k)'s or vice versa? I haven't been able to find anything in writing that mentions SIMPLE's only 457 plans.

Posted

Yes, but only after the 2-year period has expired in the case of a SIMPLE IRA.

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