Guest slt Posted October 22, 1999 Posted October 22, 1999 Does anyone know if a participant of a state-maintained DROP could rollover eligible distributions into an eligible DC plan? Is a DROP a qualified plan for purposes of the rollover rules? Thanks!
Guest ak Posted October 22, 1999 Posted October 22, 1999 Yes, assuming the payments are otherwise eligible for rollover. Under a typical arrangement, the DROP account is part of the qualified defined benefit plan.
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