JAY21 Posted October 9, 2007 Posted October 9, 2007 Is new plan language needed, and if so is there any good-faith language available, for plans wishing to allow non-spouse beneficiaries to roll Qualified Plan monies to a Non-Spousal Inherited IRA (with appropriate labelling/reference to deceased name as per Q&A #13 under IRS Notice 2007-7) ? I don't remember seeing any kind of good faith amendment or model type of amendment but I believe these non-spouse rollover provisions are supposed to be available now in 2007. Did we get remedial amendment relief on this so that we can do it now and amend for it later ? Any thoughts ?
Bird Posted October 10, 2007 Posted October 10, 2007 OK to do it now and amend later - PPA amendment. Ed Snyder
dmwe Posted November 2, 2007 Posted November 2, 2007 What about Roth money to an Inherited IRA (Roth). Is that going to be allowed and what are the distribution requirements from the Roth?
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