Reply To: Rollover to IRA from 403(b) that no longer exists

Home Fairmark Forum Retirement Savings and Benefits Rollover to IRA from 403(b) that no longer exists Reply To: Rollover to IRA from 403(b) that no longer exists

#4713
Alan S.
Participant

This is a restorative payment, and you can either cash it or roll it over to your IRA. Since there was no 12/31/2018 balance in your 403b, this will not be considered as a plan RMD, and is therefore rollover eligible.

However, this has no effect on your IRA RMD, which you will still have to satisfy in its entirety.