3867. May a surviving non-spouse beneficiary make a rollover contribution?Nuco Employeercline202014-08-18T14:42:00Z2014-08-18T14:42:00Z1153874Albany Law School72102514Site Map/Individual Retirement Plans/Rollover/Divorce or DeathSite Map/Retirement Plans/Rollover/Divorce or Death individual retirement account annuity2005-01-19T00:00:00ZTaxFactsDefaultArticle116980461-00-tf1.xml463.00;#1804;#2288;#0x010100C568DB52D9D0A14D9B2FDCC96666E9F2007948130EC3DB064584E219954237AF3900242457EFB8B24247815D688C526CD44D009C4E67E972694125ABDA91AC61F5E51FTax Facts 1May a surviving spouse or other beneficiary make a rollover contribution?
66500.0000000000TaxFactsDefaultArticleSBMEDIA\moss-admin2010-01-14T23:30:54Z3867. May a surviving non-spouse beneficiary make a rollover contribution?Yes.Beginning for distributions in 2008, a non-spouse designated beneficiary of a qualified plan, a tax sheltered annuity, or an eligible Section 457 governmental plan may make a direct rollover into an inherited IRA, including a Roth IRA (Q 3608).Notice 2008-30, 2008-1 CB 638, A-7. The rollover must be made by means of a trustee-to-trustee transfer. The transfer will be treated as an eligible rollover distribution.IRC Sec. 402(c)(11). Distributions to non-spouse beneficiaries prior to 2008 were not eligible rollover distributions.An inherited IRA created under this provision must remain in the name of the owner of the original retirement account payable to the designated beneficiary. The IRA is subject to required minimum distributions as for any IRA payable to a designated beneficiary (Q 3628).