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Can a 403(b) be rolled over into a traditional IRA?

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tomseeley
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Can a 403(b) be rolled over into a traditional IRA?  Reply with quote  

just asking...
Post Sun Oct 06, 2013 6:51 pm
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oldguy
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Yes, after you retire or quit the company that administers the plan.
Post Sun Oct 06, 2013 8:58 pm
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DonC
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I rolled part of my CREF account to a Fidelity Investment IRA long before I retired. Check with your plan administrator re what your program allows.
Post Tue Oct 15, 2013 1:26 am
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clydewolf
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Re: Can a 403(b) be rolled over into a traditional IRA?  Reply with quote  

quote:
Originally posted by tomseeley
just asking...

As DonC suggested, read your Summary Plan Description. That document identifies the circumstances for removing funds from the 403b plan.

All 403b plans must allow the transfer to an IRA when the account owner is no longer employed by the sponsoring employer.

Some plans will allow distributions after the account owner is age 59 1/2 and still employed by the sponsoring employer.

Read the Summary Plan Description for your 403b.
Post Wed Oct 16, 2013 6:16 pm
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