Beneficiary Direct Rollover. If elected under the Employer’s 403(b) Plan and effective for distributions made after December 31, 2006, a direct trustee-to-trustee transfer of any portion of a distribution from an eligible retirement plan may be made to an individual retirement plan described in section 408(a) or (b) (an “IRA”) that is established for the purpose of receiving the distribution on behalf of a designated beneficiary who is a Beneficiary (whether a spouse or non-spouse Beneficiary), and such transfer shall be treated as a direct rollover of an eligible rollover distribution for purposes of section 402(c).
Beneficiary Direct Rollover. (a) A Beneficiary (spouse and non-spouse) may elect a direct trustee-to-trustee transfer of a distribution from an Account to:
Beneficiary Direct Rollover. If elected under the Employer’s 403(b) Plan and effective for distributions made after December 31, 2006, a direct trustee-to-trustee transfer of any portion of a distribution from an eligible retirement plan may be made to an individual retirement plan described in section 408(a) or (b) (an “XXX”) that is established for the purpose of receiving the distribution on behalf of a designated beneficiary who is a Beneficiary (whether a spouse or nonspouse Beneficiary), and such transfer shall be treated as a direct rollover of an eligible rollover distribution for purposes of section 402(c). If elected under the Employer’s 403(b) Plan and effective for distributions made on or after January 1, 2008, a “qualified rollover contribution” as described in Section 408A(e) of the Code may be made from the Account to a Xxxx XXX in a direct rollover subject to the rules and provisions set forth in Code section 408A(e).
