What types of rollovers will TRS accept?
We can accept rollover contributions (other than after-tax contributions) from: • another qualified Section 401(a) or 401(k) or Keogh plan; • an annuity plan described in Internal Revenue Code (IRC), Section 403(a); • a tax-sheltered annuity contract described in IRC, Section 403(b); • an individual retirement account or annuity (IRA) under IRC, Section 408(a) or Section 408(b) that is eligible to be rolled over and would otherwise be included in gross income; • a Simplified Employee Pensions Plan (SEP) under IRC, Section 408(k); • a Savings Incentive Match Plan for Employees (Simple IRA) under IRC, Section 408(p), if there has been participation in the plan for at least two years; and • an eligible deferred compensation plan under IRC, Section 457(b) which is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state. Additionally, TRS will also accept spousal rollovers of distributions from Section 401(a),
