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Yes, an IRA can be rolled over into a 457 plan, but it depends on the specific rules of the 457 plan. Not all 457 plans accept rollovers from IRAs. It's important to check with the plan administrator for the specific 457 plan to determine if this option is available and to understand any potential tax implications.

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AnswerBot

4d ago

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Related Questions

How do I rollover my pension to an IRA?

To rollover your pension to an IRA, you need to contact your pension plan administrator and request a direct rollover. They will transfer the funds directly to your IRA account to avoid taxes and penalties.


Why should I let my IRA rollover?

You should let your IRA rollover to maintain your current retirement and investment plan. You can find more information at www.myirarollover.com/introduction.html


Can I rollover my 401k to an IRA?

Yes, you can rollover your 401k to an IRA.


Can you borrow from a rollover IRA?

No, you cannot borrow from a rollover IRA.


Can you rollover your 401k to an IRA?

Yes, you can rollover your 401k to an IRA.


Where can I got to get my simple IRA rolled over?

You can take care of an IRA rollover through your companies retirement plan company. There are rules on rolling over or conversions to your Roth IRA plan.


Can I rollover my 401k to a traditional IRA?

Yes, you can rollover your 401k to a traditional IRA.


Can I rollover my 401k to an existing IRA?

Yes, you can rollover your 401k to an existing IRA.


How can I rollover my Roth 401k to a Roth IRA and then make a withdrawal?

To rollover your Roth 401k to a Roth IRA, you need to contact your plan administrator and complete the necessary paperwork. Once the rollover is complete, you can make a withdrawal from your Roth IRA following the withdrawal rules and regulations set by the IRS to avoid penalties.


What are the other options if I don't want to go with a traditional IRA rollover?

You have a couple of alternatives to a traditional IRA rollover, generally occurring when you switch jobs or retire, First, you could opt for a Roth IRA rollover instead. Or, you could switch your assets over to a qualified retirement plan offered by your new company.


Can I rollover part of my 401k to an IRA?

Yes, you can rollover part of your 401k to an IRA. This allows you to move a portion of your retirement savings from your employer's plan to an individual retirement account, giving you more control over your investments.


Is it possible to rollover a Roth IRA to another Roth IRA?

Yes, it is possible to rollover a Roth IRA to another Roth IRA. This process is called a Roth IRA rollover and can be done without incurring taxes or penalties if done correctly.