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Full Version: 403b rollover into 401k (501c(3) plan
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j5223b
Since Jan 2 years ago IRS allowed a 501 status to now set up a 401k as retirement. What progress has been made for the rollover of previous 403b plan investments into newly created 401k plans?
derek
At this time, rollovers from 403(B) plans into 401(k) plans (and vice versa) is not allowed. I seem to remember seeing something in legislation in the last 9 months, but don't think anything ever happened with that.
CVCalhoun
If you would like to see a description of the proposed legislation, you can click here. However, it has not passed so far.
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