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Can a participant consolidate his assets by rolling over funds from other plans into the Deferred Compensation Plan?

April 26, 2017assets compensation consolidate Deferred funds participant Plan plans rolling

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Can a participant consolidate his assets by rolling over funds from other plans into the Deferred Compensation Plan?

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Yes. Participants are able to consolidate assets from other 401(k) plans, 403(b) plans, 401(a) plans, 457 plans and IRAs into the City’s 401(k) Plan. The 457 Plan can accept rollovers of before-tax contributions and earnings from other 457 plans only.