Felicia
Oct 29 1999, 12:47 PM
Assuming a 403(B) plan accepts rollover contributions, may an alternate payee (former spouse) under a QDRO roll over a 403(B) distribution into his/her own 403(B)?
Bob Collins
Oct 29 1999, 01:39 AM
If the QDRO value is rolled into a 403(B) and mixed with the person regular 403(B) account, it is possible the 10% early distribution penalty will apply to the money. Care is needed so the the QDRO money remains as QDRO money to be exempt from the new plan's distribution restrictions and adverse taxation.