Death Benefits rollable?

[Guest jhilliard]

We have a participant who is the beneficiary of his wife’s qualified Plan. His wife has passed away and he is asking if he can roll the death benefit (from the deceased qualified plan) into his qualified plan. His plan does allow rollovers but I thought there were regs about death benefits being rollover eligible.

Any help would be great!

[Lori Foresz]

Hi,

The spouse can roll over a death benefit to a qualified plan or IRA. A non-spouse beneficiary cannot.

Hope this helps!