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Full Version: Withdrawal at 59 1/2
BenefitsLink Message Boards > Retirement Plans > Distributions and Loans, Other than QDROs
Christine Roberts
Can a withdrawal made at age 59 1/2 (no hardship) be repaid to the plan if the participant changes his or her mind? I assume that rollover to an IRA is an option, as discussed in Notice 99-5.
Dave Baker
Does the plan allow incoming rollovers?

Dunno why this distribution couldn't be stuck back into the plan within 60 days of the initial distribution. It oughta qualify as your basic tax-free rollover.
Christine Roberts
You are right, if it is rolloverable it should be recontributable - why is it that William Safire has overlooked ERISA neologisms (sp?) for so long??
Thanks!
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