Pension Panda Posted February 5, 2007 Posted February 5, 2007 If a participant has a Simple IRA account from a previous employer and chooses to roll this account to their company's 401(k) Plan, is this Simple IRA rollover account eligible for a loan from the 401(k) Plan (assuming the 401(k) document allows loans from rollover accounts), or does a Simple IRA rollover account maintain it's classification as Simple IRA money and is therefore not eligible for a loan?
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