Loan & Distribution Specialist AimPoint Pension
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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IRS Provides New Safe Harbors for Validation of Rollover Contributions (PDF)
Prudential [Guidance Overview] July 28, 2014
"Rollovers made electronically will qualify for either of the new safe harbors as long as the distributing plan administrator or IRA trustee provides the required information regarding the source of funds to the administrator for the receiving plan. If the distributing plan is not required to file Form 5500 ... the EFAST2 records will not be an option for confirming plan status.... Plan administrators may develop other processes for making reasonable conclusions that a potential rollover contribution is a valid rollover contribution."
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