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Author: ptheland Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: Re: Church Retirement Fund Date: 2/12/2013 12:45 PM
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Does it make sense that one can't EVER do a rollover?

Making sense has nothing to do with it. We're dealing with tax law, not logic.

An IRA or other qualified retirement plan can only accept rollovers from other qualified retirement plans. Since your plan is a non-qualified retirement plan, there is no other plan available that can accept a rollover.

Bottom line - you're stuck with this plan for life.

--Peter
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