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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 5 - Administrative Personnel |
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Chapter VI - Federal Retirement Thrift Investment Board |
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Part 1600 - Employee Contribution Elections, Investment Elections, and Automatic Enrollment Program |
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Subpart D - Rollovers From Other Qualified Retirement Plans |
§ 1600.32 - Treatment accorded rollover funds.
Latest version.
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§ 1600.32 Treatment accorded transferred rollover funds.
(a) All funds transferred rolled over to the TSP pursuant to §§ 1600.30 and 1600.31 will be treated as employee contributions.
(b) All funds transferred rolled over to the TSP pursuant to §§ 1600.30 and 1600.31 will be invested in accordance with the participant's contribution allocation investment election on file at the time the transfer rollover is completed.
(c) Funds transferred rolled over to the TSP pursuant to §§ 1600.30 and 1600.31 are not subject to the limits on contributions described in § 1600.22.
[66 FR 22089, May 2, 2001. Redesignated and amended at 77 FR 26424, May 4, 2012]