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Lumpsum Distribution Rollover Options
posted at February 10, 2012 9:54 PM EST
First: February 18, 2010
Last: February 10, 2012
|Hello, a question for the community... I have a lumpsum distribution option from a defined benefit plan after my separation from an employer. The plan was entirely employer-funded, and I am 100% vested. I will reach age 59 1/2 on 4/30/2014. Can I take the distribution from the plan and roll it over into a regular IRA, to avoid taxes on the distribution?|