Section 27-240-VII-7.8 - Types of Rollovers AcceptedA. Direct Rollovers: The Plan will accept a direct rollover of an eligible rollover distribution from:
a) A qualified plan described in Code Section 401(a) or 403(a), including after-tax employee contributions,b) An annuity contract described in Code Section 403(b), excluding after-tax employee contributions,c) An eligible plan under Code Section 457(b) that is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state.B. Participant Rollover Contributions from Other Plans: The Plan will accept a Participant contribution from an eligible rollover distribution from:
a) a qualified plan described in Code Section 401(a) or 403(a),b) an annuity contract described in Code Section 403(b),c) an eligible plan under Code Section 457(b) that is maintained by a state, political subdivision of a state, or any agency or instrumentality of a state or political subdivision of a state.C. Participant Rollover Contributions from IRAs. The Plan will not accept a participant rollover contribution of the portion of a distribution from an individual retirement account or annuity described in Code Section 408(a) or 408(b) that is eligible to be rolled over and would otherwise be includible in gross income. The Plan will not accept Participant contributions from a Roth IRA described in Code Section 408A.
27 Miss. Code. R. 240-VII-7.8