Indiana Code Title 29. Probate. This is FindLaw's hosted version of Indiana's Title 29. Probate. Use this page to navigate to all sections within the Title 29. Probate. Expand sections by using the arrow icons.
A distribution that is eligible to be rolled over to an eligible retirement plan. Eligible rollover distributions include a participantâs balance in a qualified plan, 403(b) or 457(b) plan, except for certain amounts that include the following: A distribution that is eligible to be rolled over to an eligible retirement plan.
The distribution is taxable and, unless you're eligible to take qualified distributions, you're also hit with the 10 percent early withdrawal penalty. There is a loophole that you can use to essentially take a very short-term loan from your IRA: a rollover.Rollovers are designed to let you move money from one IRA to another and give you 60 days from the time you take the money out to put it back into a qualified retirement account, including the same IRA.he distribution is taxable and, unless you're eligible to take qualified distributions, you're also hit with the 10 percent early withdrawal penalty. There is a loophole that you can use to essentially take a very short-term loan from your IRA: a rollover.