Change to use DC contributions to buy into DB plan

nun

Thinks s/he gets paid by the post
Joined
Feb 17, 2006
Messages
4,872
So my state board of retirement has just had a ruling from the IRS that will allow participants in the DC retirement plan to us that account balance to buy into the state's DB plan. I'm not sure of the terms right now ie how much will buy what defined benefit.
 
Back
Top Bottom