Guest bogart126 Posted April 25, 2001 Posted April 25, 2001 Can the proceeds from an ESOP be rolled into a qualified plan? Thanks Tim
RLL Posted April 25, 2001 Posted April 25, 2001 An ESOP is a qualified employee plan under IRC section 401(a). If an ESOP benefit distribution is paid in a form that constitutes an "eligible rollover distribution," such distribution proceeds can be rolled over to another qualified plan which accepts rollover contributions.
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