Ask The Experts: Money Matters

By Mike Miles

401(k)-to-CSRS rollover

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Q. I am the 401(k) specialist for our tribal government. We have a former employee who wants to roll over his 401(k) into making a deposit in CSRS. Is this possible? A transfer from CSRS into a 401(k) is not allowed, so should his attempted rollover be allowed?

A. This is not allowed. CSRS deposits are made with after-tax money.

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