Non-spouse beneficiary rollover from company plans | Ed Slott and Company, LLC

Non-spouse beneficiary rollover from company plans

Beginning Jan 1, 2008, company plans must begin allowing non-spouse beneficiaries to do rollovers. Does this mean only NEW plans must begin doing this or all plans must do a revision??????

All plans, effective with plan years starting 1/1/08 and later.

They must start allowing it 1-1-08, however I believe the actual plan dfocument does not have to be amended until 1-1-09.
 

Find members of Ed Slott's Elite IRA Advisor GroupSM in your area.
We neither keep nor share your information entered on this form.
 

I agree to the terms and services:

You may review the terms and conditions here.