Guest sritts Posted October 21, 2003 Posted October 21, 2003 Can a participant in a SARSEP rollover their account balance to a 401k plan?
Mike Preston Posted October 21, 2003 Posted October 21, 2003 A SEP (SAR or otherwise) is always an IRA. So your question is can an individual's IRA be rolled over into a 401(k) plan. EGTRRA provided that such a rollover is indeed possible. Of course, the plan has to be amended to allow for it.
Appleby Posted October 21, 2003 Posted October 21, 2003 To be on the safe side, SARSEP assets that are included in the nondiscrimination testing should not be removed from the SARSEP account until the test has been completed – just in case amounts need to be removed Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
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