PensionAdministrator
Jul 14 2003, 11:45 AM
When an IRA is rolled over into a Qualified Plan, does it loss its "IRA status" as far as:
- Purchasing Life Insurance?
- Qualifying for a Loan?
mbozek
Jul 15 2003, 10:00 AM
As long as the rollover is not made to a deemed IRA established under a qualified plan, the IRA rollovers are treated as plan assets for loans and investment alternatives.