A note on the MTRS and the tax law (EGTRRA)
The Massachusetts Teachers’ Retirement System is a defined benefit plan that operates as a qualified employer plan under Section 401(a) of the Internal Revenue Code. Through December 31, 2001, we were only able to accept, as tax-free transactions, “eligible rollover distributions” from other 401(a) retirement plans …Read more Paying for your creditable service purchase by way of a direct transfer or rollover