mjf06241972 Posted October 28, 2019 Posted October 28, 2019 Can a under Age 59 1/2 employee withdraw funds from a Rollover Account that used to be a Simple IRA? Meaning company had Simple IRA Plan. They converted it to a 401k Plan and Simple funds were rolled over. Now an employee who is under Age 59 1/2 wants to withdraw his Simple IRA Rollover Funds from the Plan. Thank you.
401king Posted October 28, 2019 Posted October 28, 2019 They *can* but you need to check if the Plan Document allows distributions from rollover sources at any time. rr_sphr 1 R. Alexander
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