billfgrady Posted October 20, 2009 Share Posted October 20, 2009 Can funds from a SIMPLE 401(k) be rolled over into a SIMPLE IRA? Link to comment Share on other sites More sharing options...
GMK Posted October 20, 2009 Share Posted October 20, 2009 Try the pdf link here: http://benefitslink.com/boards/index.php?s...c=43681&hl= hope it helps. Link to comment Share on other sites More sharing options...
billfgrady Posted October 20, 2009 Author Share Posted October 20, 2009 Thanks, I checked the attached rollover chart this morning before I posted, but SIMPLE 401(k) is not included. Is a SIMPLE 401(k) a qualified plan, a SIMPLE IRA or something else for rollover purposes? Link to comment Share on other sites More sharing options...
GMK Posted October 20, 2009 Share Posted October 20, 2009 My understanding is that a simple 401k is a qualified plan. http://www.simple401k.com/simple_401k.html Link to comment Share on other sites More sharing options...
Gary Lesser Posted October 20, 2009 Share Posted October 20, 2009 No. A simple 401(k) can not be rolled over to a SIMPLE-IRA. No rollover to a SIMPLE IRA is permitted from a qualified plan of any type. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now