Rollover of foreign pension money into a U.S. qualified plan

[Guest GMedley]

We have a participant originally from the UK. He still has a balance in a "UK approved pension scheme". He wants to roll this into a 401(k) plan. The prior recordkeeper in the UK seems willing to do this within certain limitations. Assuming these are met, could this money be acceptable in a 401(k) plan? I couldn't find specific mention of this in the code. It doesn't seem to be an "eligible retirement plan" per section 402©(8)(B). Therefore my inclination is that it is not acceptable. But does anyone know of a place where it excludes foreign pension money from being rolled into a qualified plan in the US? I'd like to be able to show him the rule. Thank you.

[david rigby]

Looks to me like you've answered your own question. If it is not "eligible" under IRC 402©(8)(B), then what other definition are you looking for?