Can a qualified US 401(k) Plan accept a rollover contribution from a Puero Rico 1165(a) Plan?

[Guest erisamelissa]

Topic pretty much says it all....

Former participant in Puerto Rico 1165(a) Plan received a rollover distribution from the plan (in accordance with Puerto Rico Income Tax rules) and wants to roll over into a US 401(k) Plan.

Any guidance out there?

[Guest ldmurphy11]

Did you ever find anything on this? I am currently looking at the same issue.

[PensionPro]

My recollection is the answer is No unless it is a dual-qualified plan.

[Guest ldmurphy11]

You are correct. I found the answer in Treas. Reg. 1.401(a)(31)-1, Q&A 14 and Treas. Reg. 1.402©-2, Q&A 1-3.