35 IAC 15-1-2 Compliance with Code Section 401(a)(31) for eligible rollover distributions

Sec. 2. For purposes of compliance with Section 401(a)(31) of the Internal Revenue Code, this section applies notwithstanding any contrary provision that would otherwise limit a distributee's election to make a rollover. A distributee may elect, at the time and in the manner prescribed by the board of trustees, to have any portion of an eligible rollover distribution from a fund paid directly to an eligible retirement plan specified by the distributee in a direct rollover.