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Retirement tax questions
Code 8 indicates a distribution of funds that are explicitly *not* eligible for rollover.
Apparently your company's plan failed to meet the Annual Deferral Percentage test and as a result a portion of your elective deferrals was not permitted despite being under the individual limit. Since these contributions were not permitted, they are not eligible for rollover.
Apparently your company's plan failed to meet the Annual Deferral Percentage test and as a result a portion of your elective deferrals was not permitted despite being under the individual limit. Since these contributions were not permitted, they are not eligible for rollover.
‎June 4, 2019
4:08 PM