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 tax treatment of a Roth IRA distributions depends on whether the distribution is qualified. Qualified distributions from Roth IRAs are tax and penalty free, but nonqualified distributions may be subjected to tax and an early distribution penalty.Qualified Distribution Defined. A Roth conversion of nontaxable Traditional IRA assets (Traditional IRA Assets for which there was no tax deduction.), or a rollover of nontaxable assets from a qualified plan or 403(b) plan. 2  These assets are not subjected to income tax when distributed or converted to a Roth IRA.