Q. Is there a portion of Internal Revenue Code Section 403(b) that specifically allows for 403(b) accounts to be used to buy back defined benefit plan service credits?
A. Yes! Internal Revenue Code Section 403(b)(13). For 457(b) plans, it is Internal Revenue Code Section 457(e)(17).
A. Yes! Internal Revenue Code Section 403(b)(13). For 457(b) plans, it is Internal Revenue Code Section 457(e)(17).
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