Retirement Plan Rollovers - 401(k), 403(b), 457(b), TSP

Rollovers must be initiated by the retirement plan provider. XYIS is not able to help initiate these requests. Have your client contact the plan provider by phone for rollover instructions. If possible, it is helpful to have you on the line for questions! If the plan is a 401(k) plan, the rollover can typically be initiated over the phone. Other plans often have paperwork requirements. If you have questions or need a letter of acceptance from Schwab please let us know. 

Please note: there are governmental 457 plans and tax-exempt 457 plans. Here's an IRS chart comparing the two and what rollover options they each allow: https://www.irs.gov/retirement-plans/comparison-of-tax-exempt-457b-plans-and-governmental-457b-plans

Additional rollover account type eligibilities here: https://www.irs.gov/pub/irs-tege/rollover_chart.pdf

Looking for help rolling over a TSP? Here's an article that might help.