Documentation for rollover acceptance

[Guest beppie_stark]

Employees initiating rollovers into our plan have been required to provide a copy of the IRS determination letter from the sending plan and certification that the money is all pretax.

We are now amending our plan to permit rollovers of pretax money from all eligible employer plans and IRAs.

We are trying to determine if we should we still require confirmation of the sending plan's qualified status and how we should certify that the money is all pretax. Has anyone else revisited this issue in light of EGTRRA?

[Guest beppie_stark]

Just found this in the news section:

"Federal Thrift Board Clarifies Rollover Procedures"

[BFree]

http://www.benefitslink.com/taxregs/1.401a31.shtml

The above link indicates that, pre-EGTRRA, this was clarified to take some of the burden off the receiving employer.