Thread: Fdx b fund
View Single Post
Old 01-19-2016, 03:25 PM
  #6  
champ42272
Line Holder
 
champ42272's Avatar
 
Joined APC: Jul 2007
Position: B-767 Captain
Posts: 53
Default

The correct answer is that you can do an "in service rollover" of your 401k IF you're over 59 1/2.

I did this and I am glad I did.

The B fund (Money Purchase Plan) was not previously authorized for in service rollovers, however in the new contract. The MPP is going to be merged into the PRSP (401k), and in service withdrawals are authorized after age 62
(28. C. 5)

Champ 42272

Last edited by champ42272; 01-19-2016 at 03:35 PM.
champ42272 is offline