Ill. Admin. Code tit. 50, § 4440.60 - Eligible Retirement Plan

Current through Register Vol. 46, No. 15, April 8, 2022

An eligible retirement plan is any of the following that accepts the distributee's eligible rollover distribution:

a) an individual retirement account described in IRC section 408(a);
b) an individual retirement annuity described in IRC section 408(b);
c) an annuity plan described in IRC section 403(a);
d) a qualified trust described in IRC section 401(a);
e) effective January 1, 2002, an annuity contract described in IRC section 403(b);
f) effective January 1, 2002, a plan eligible under IRC section 457(b) that is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or a political subdivision of a state that agrees to separately account for amounts transferred into that plan from a plan under this Part; or
g) effective January 1, 2009, to the extent required by federal law and permitted under a retirement or pension system subject to this Part, a Roth IRA described in IRC section 408A.

Notes

Ill. Admin. Code tit. 50, § 4440.60

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