New IRA/Retirement Plan Rules For Transfers And Rollovers Starting In 2002
  • 457 plans for city & state employees can now be transferred or rolled over tax deferred to any other retirement account.  Previously all distributions from a 457 plan were taxable and could not be rolled over to an IRA.
     
  • 401(k), 403(b) and profit sharing plans can now accept transfers from any other retirement plan (IRA, 457, 403(b), SEP) which previously were not allowed. 

  
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