Summerlin Benefits Consulting Q&AAnswer
Nov 10, 2023 - 11:53 AM
Yes. This is known as a Rollover or Direct Transfer of funds, which is a nontaxable event- even for qualified retirement plans like IRA's, Roth IRA's, 401k's, 403B's, Thrift Savings plans, etc. Where appropriate, we can also help you conduct a 1035 exchange for many non-qualified retirement plans as well.
