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In-service distributions


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Guest SPiwowar
Posted

Has anyone allowed an in-service distribtion of rollover contributions? Meaning, a current employee wants to take the money they rolled into our plan and roll that over into an IRA.

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Guest CTYSON
Posted

We sponsor a PPD Regional Prototype document and it does allow for withdrawal of employee's rollover accounts once per year.

You'd need to look at your particular plan document to determine whether or not it would be allowable.

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