Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Retirement Plan Administration Consultant

TSC
(Edina MN / Telecommute)
Sales - 401(k) / DB Administration

Farmer & Betts, Inc.
(Tacoma WA / AL / FL / GA / IA / IL / IN / MD / MN / MO / NC / OH / OK / PA / TN / TX / VA / WI)
Senior Pension Consultant

The Ryding Company
(Westlake Village CA)
Retirement Plan Administration Manager

FranFund
(Fort Worth TX)
ESOP Administrator

Blue Ridge ESOP Associates
(Charlottesville VA / Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

<< Previous news item   |   Next news item >>



7/20/2018: Participant Loan OK from a Rollover Account? (BenefitsLink Message Boards)
Participant has an account in a money purchase pension plan and an account with a 401(k) plan. Participant meets the requirements for a lump sum distribution from the MPPP. He takes the lump sum, and then timely rolls it over into his 401(k). The 401(k) permits loans to participants. Can the participant use the amount rolled over into the 401(k) for a loan?
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020 BenefitsLink.com, Inc.