Tech Talk: Roll Overs from 457(b)s to 403(b)s

An agent with a product provider insists that an employee can take distribution from his 457(b) plan and roll it over into the same employer’s 403(b) plan; he is under 70 ½ and actively employed with that employer. The agent says there is new guidance making this permissible. In Tech Talk, Ellie Lowder discusses whether the agent is correct.